Today I did not activate my stop loses for MEI and decided to hold until the next upwards movement. I made this decision based on the news that was released today regarding Multiple Wide High-Grade Gold Intercepts at Palm Springs. MEI is currently overbought on RSI so hopefully the upswing will be sooner rather than later, but until I see an upswing I am going to...
Hello, on daily 50ma lower than 100 and 200, strong down trend on this with no positive divergence on macd or RSI. however the RSI is becoming oversold. There is some longer term support between the 1.18 and 1.27 (in yellow) the last burst in the second half of 2019. this burst was a lower high than the previous one. I see this resistance as the line in the...
Meteoric Resources is an iron, gold and base metal exploration company with a portfolio of projects in Western Australia and New South Wales. They have been having a nice steady run over the last 3 months and could well be worth a watch. RSI might be a little over extended so watch for a pull back. Current demand looks strong with 156 buyers for 21,536,802 units...
$MEI.ASX - Daily, Price has recently bottom and Reversal in play IMO, took a position...aiming 2.4 as 1st Target, Let's see...GL!
MEI is in the late stages of forming a very nice pennant. Volume dropping right off. Target of 12.5c if it breaks out on good volume. very well formed pennant, almost textbook.