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soccer5

244 Posts.

3

13/05/17

17:54

Post #: 24671046
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Originally posted by Jako64 ↑

The levels on the MYX chart are a bit messy, potentially lots of retailers involved.....
Looks a lot like a pretty nasty selling event occurred within (and immediately after) that widespread upbar (arrowed).
There is some reasonable support being found at the current levels no doubt, however price still appears vulnerable to my eye......we'll see......
View attachment 577356

cheers

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Hi Jako,

Thanks for your thoughts on MYX.

I bought the stock on the premise that there is a strong line of support at around $1- and the fundamentals are better than the media make them out to be. The CEO is quite confident.

Fingers crossed.

Cheers,

soccer
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