MCE 1.89% 26.0¢ matrix composites & engineering limited

It's had a huge run up. i thought it might have been a buy until...

  1. 6,485 Posts.
    It's had a huge run up. i thought it might have been a buy until todays action.

    Todays candle is on it's way to the 50% retracement of all time low to high and volume was good. Into oversold on the rsi now. See what happens tomorrow.

    Personally I think there is some doubt as to where future revenue growth is going to come from. A highly specific market.

    Here's a chart. All comments and criticisms are welcome.

 
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Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.5¢ 26.5¢ 26.0¢ $71.95K 273.6K

Buyers (Bids)

No. Vol. Price($)
1 38797 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 57815 2
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Last trade - 14.23pm 27/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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