MRX 0.00% 0.7¢ matrix metals limited

technicals point to great week

  1. 2,909 Posts.
    G'day,


    Friday's close on $0.125 without testing $0.12 shows there is only one way for MRX now. Technically it can't go lower.
    Consolidation of the 10.5 - 12.5 zone has ( previous 2 year high) has been very strong.

    I see a good 4 cent run over coming days, ie a technical doubling of it previous lows in the low 8 range.


    All the best
 
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