MRX 0.00% 0.7¢ matrix metals limited

In our favour is that this is its third attempt at cracking...

  1. 846 Posts.
    In our favour is that this is its third attempt at cracking 0.1

    If you look at the Point and Figure chart we are due for another column of green x's to whack into the 0.10 barrier. After that happens (maybe it will close there today) the odds go up that it will break through the next day.

    I honestly have serious doubts about 0.27 in the first half of this year and even more honestly I can't see myself hanging on that long.

    I think we'll meet stiff resistance once again at points like 0.105 and 0.11 with really strong resistance at 0.15.

    Hope I'm wrong but with some of these stocks it DOES pay to trade rather than ride them out.

    - Z
 
watchlist Created with Sketch. Add MRX (ASX) to my watchlist

Currently unlisted public company.

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