MEM 0.00% 0.5¢ memphasys limited.

Ann: Response to ASX aware query, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 605 Posts.
    lightbulb Created with Sketch. 21

    Exercise caution here guys, cos you could get burnt in 10 seconds flat. Speccy micro bio's have been aw-aw-aw-awesome lately, but volatile AZZZZZZZZ. 


    HOWEVER, the positives are there to see, even from a blind punter like myself. 


    Cracking fundamentals and potential aside, here are some observations from today


    It was the highest % gainer on the ASX (for anything with decent volume ie over 12 trades - LOL).

    It happened on a day where sentiment and macro was farked and everything got smashed.

    It will accordingly attract attention from both investors and traders - those who had given up on it after getting hammered by this week's extreme action and those whom are new to it.

    Such strong buying in the arvo lead up - everything was bought/smashed up to 5.5c, followed immediately by a classic, pro back-test to suck out any loose ones down to 4.4c.

    The last 10 minutes was crazy. So was the auction - dudes pushed in line and hoovered everything that was available. Closed near day's high.


    Macro is looking waaaaaaaaaaaaaaaay better with Dow looking (farking) sweet.


    So a perfect set up for tomorrow.


    Additionally, so many immediate near-term stimuli.Some of which have been mentioned here.


    And that's just what I know of. And I know jack......


    Good luck tomorrow dudes. And beyond. IMO, this will fly in the morning. But be sensible and smart.


    Remember trading/investing goals and stick to them. But watch the money/volume - it will tell the story. 


    Yeeeeeeeeeeeeeeeeeeeew!


    .  

 
watchlist Created with Sketch. Add MEM (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $13.00M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
12 4300569 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 333410 3
View Market Depth
Last trade - 09.58am 08/11/2024 (20 minute delay) ?
MEM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.