With this lone doji outside the Bollinger Bands and the TSI in overbought region, MSB is ripe for a correction, hopefully, a minor correction (as the Stochastic Momentum Index suggests this time around), not like the ones in 2017 and 2018. Because if this happens, the SP is going back to 1 dollar and it will be a long while before it gets back up - if at all - to where it is now. So,hopefully, notwithstanding a minor correction, it should proceed to the 3+ dollar mark. But the kind of protracted range bound, sideway price action MSB has been doing since 2016 looks like a 3-drive to the top/3-drive to the bottom pattern and that's a big worry.
The MSB pattern
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 (20min delay)
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Last
$1.09 |
Change
0.015(1.40%) |
Mkt cap ! $1.238B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.08 | $11.51M | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17804 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 230637 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.09 |
Change
0.015 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.12 | $1.08 | 1937390 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MSB (ASX) Chart |