MRX 0.00% 0.7¢ matrix metals limited

Newry,Great to get the reply from you. I shouldn't complain...

  1. 846 Posts.
    Newry,

    Great to get the reply from you. I shouldn't complain about lack of cash when I'm well up but I guess I enjoy the playing as much as the winning.

    Now MRX. I have no idea how to calculate a resistance level when it's blue skies. How do you arrive at 0.16? I chose 0.15 because I figured open 0.125 close 0.15 means 20% up on the day or two days which is not that unusual.

    0.16 comes to 28% which is sort of entering the "WOOOOOOOOOOSHHH" category.

    If you are right (and GOD I hope you are) then I'm taking the money and running.

    Just had a look at the copper chart for 12 months ... beautiful.


 
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