MCE 0.00% 26.5¢ 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.

 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.000(0.00%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.5¢ 26.5¢ 26.0¢ $47.49K 179.6K

Buyers (Bids)

No. Vol. Price($)
3 132870 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 57815 2
View Market Depth
Last trade - 12.27pm 27/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.