MOX 0.00% 0.2¢ monax mining limited

Chart, page-155

  1. 5,533 Posts.
    lightbulb Created with Sketch. 3
    Well the ascending triangle and symmetrical triangle that people have pointed out was developing has been broken today which is a shame, was building very nicely last week, but because of the low volume trading and low shares on issue you get volatile swings.

    1.6 is the lowest base of support but highly doubt it would even get there, likely could touch 1.7 and bounce off as that's also a level of supporter on the chart.

    MACD has been trending down, on the short term will remain at these levels. The drop and sell down on the chart looks quite dramatic and has become oversold now. But volume has been dropping off since that day it traded 122m compared to todays 7.9m. Won't take much for this to move higher, just little demand at this moment.
 
watchlist Created with Sketch. Add MOX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.