re: potential - trading at half analyst's valuati I agree with you on MTB, the fundamentals look very good, and from a technical point of view, Catherine Davey, a rated technical analysist and journalist, rates the share. She has written about MTB from time to time and from a technical point of view maintaines:
- she really likes the share;
- the more times it trades the range of 5c to 18c the better it will do when the share price starts to run
- it is currently forming a classic and fantastic bottoming pattern and it's time for the technical traders to get interested in the share
- A close above the low of this congestion pattern will confirm a double bottom
- stock's outlook changes to bullish at a close above 18c
- MTB is capable of extreme volatility. There is nothing to stop MTB trading up to and above 18c in a flash.
- First target on the upside is 30c, which is the double bottom target and 1c away from old chart resistance
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.298M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 48727232 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 22280961 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 48727232 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 22280961 | 12 |
0.003 | 9676534 | 12 |
0.004 | 7597931 | 13 |
0.005 | 7235581 | 6 |
0.006 | 2250000 | 5 |
Last trade - 16.12pm 17/09/2024 (20 minute delay) ? |
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