MRX 0.00% 0.7¢ matrix metals limited

week ahead

  1. 13,576 Posts.
    My fellow traders last week played a significant part in the completion of the massive rounding bottom that has occured in the last 3 1/2 years, from here we should see in the upcoming week consolidation with light volume and light accumulation, with a build up of buyers on the buy side. The end week should either see the price close at current levels or above, this would provide the platform for the following week for the elusive breakout that has plagued this stock in recent months. My fellow traders there are no games played with this stock its just going through the process of momentum build up, i can comfortably say that we will breakout the following week with a price target of .17cents.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.