MRX 0.00% 0.7¢ matrix metals limited

Newry,Hope you're right. My charts tell me that it may be...

  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
 
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.