MRX 0.00% 0.7¢ matrix metals limited

strong up wave just starting, page-3

  1. 846 Posts.
    Newry,

    Hope you're right. My charts tell me that it may be peaking for now and I'm thinking that maybe inside knowledge pushed things up pre-announcement. Now that the wondeful announcement has been and gone maybe the same insiders are taking profits.

    Buyers at 0.105 seem to be getting their way for now and there's a ton of people selling at 0.11

    RSI is holding OK with a slight downturn although it is well into overbought territory signalling a slightly higher probability of a sell off.

    Volume was down a bit yesterday which surprised me, I was fully expecting the news to bring more interest in MRX.

    I guess I'm feeling slightly more negative (just a skerrit) than yesterday but I will ride the day out I think.

    - Z
 
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