G'day,
Technically MAK is using a base of $0.40 from which it held above a 50% retrace at $1.27. Holding this confirms long term bullish trend.
It then traded above the the 23.6 % retrace at $1.70. Again, confirming strong positive trend.
$1.50 is the 50% retrace from $1.27 to $1.72. Absolute bottom I feel would be the 62% retrace at $1.45.
I feel by the end of next week and some consolidation in the 1.50, it will be ready for another attack on $1.70.
The consolidation at the moment is perfectly expected.
Nothing subjective in this analysis, just the facts.
I have been buying this morning.
Happy Easter
G'day,Technically MAK is using a base of $0.40 from which it...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.15M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $10.10K | 780.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3524280 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1224503 | 3 |
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| Last trade - 13.41pm 04/09/2024 (20 minute delay) ? |
| AEV (ASX) Chart |