MRX 0.00% 0.7¢ matrix metals limited

major technical jump coming - this is big

  1. 2,909 Posts.
    G'day,

    MRX, which has been on its huge uptrend since late last year is embarking now on what I see as its biggest cents gain of the year.

    This small consolidation phase after breaking the 3 year high of 13.5 is setting it up for a run to over $0.18 in a very short period.

    It may be remebered I considered $0.16 the target a few weeks back, but now I think this will fall over very easily.

    As noted, I am convinced this current consolidation will be the shortest in duration in MRX's bull run.

    Once $0.15 falls in a matter of days, MRX is set to run hard.

    Yes, I do hold and have not been tempted to sell.


    I am a technical analyst, but on the fundamental side, I know there are multiple drilling results immenant ( Bailliues )




    In short, my call for next 2 weeks, MRX



    All the best
 
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