MYX mayne pharma group limited

0.93%

$3.21

Charts do shout, page-8

First 8 Last

Share
Profile

Follow
Chartsshout

520 Posts.

16

23/03/18

16:32

Post #: 31986268
Share

Originally posted by Chartsshout ↑

It is a popular saying that what others stutter,charts shout.
Well let us reconfirm what MYX chart has been shouting for a while.
Long term down trend line has been broken for a while, the one that you
draw from top to its bottom during its fall on daily or weekly chart.
It has been consolidating in a broad range of 60-80 forming triple top at 80
with the consolidation looking like an inverse shoulder,head and shoulder formation.
Trying to break through 80.But so far not successful.
When a break from 80 comes technical projection is 100 , so likely to raise its head above
100.
Remember there are 1.5 billion issued shares. If 11 % is short then i will love
to see a day with 70-75 million volume and big up day to confirm reversal.
Till then i am not happy about the up strength.
It can come any day, any week any month .
I won't attempt a guess.
I do feel it will happen this year.
If things go as per the plan 100 this year, old all time highs knocked down
before the end of next year.
If and when that happens then the technical projection becomes 363 in 2020.
Possibilities .
I think good possibilities but no certainties in the market.
Have a lovely day.

Expand

MYX convalescing well.
When it is over it should rocket through 81.
Nearly 400 million dollar debt need 20-30 million dollars service PA. Should be fine ,me thinks.
haha

MYX Price at posting: 77.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WCN

White Cliff Minerals transitioning Danvers discovery into continuous copper system

AM5

Antares Metals hits copper mineralisation at depth at Conglomerate Creek in Queensland

KNI

Kuniko extends Commonwealth-Silica Hill with positive drilling in lead-up to MRE

CMO

Cosmo Metals confirms broad mineralised zone at the Kanowna Gold Project in WA

Market Open: ASX tipped to continue to remain in the red

EQU

Equus Energy inks 10-year gas sales agreement with Alcoa in WA

AGI

Ainsworth locks in Aristocrat patent deal for $8.5m

HotCopper Highlights: DroneShield, tungsten and lithium stocks dominate this week’s investor chatter

Dale Gillham: Are Australian Property Prices Crashing or Just Softening?

CMM

Capricorn Metals makes strategic acquisition of Piastri project in WA

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.


Last $3.21		Change -0.030(0.93%)		Mkt cap ! $263.2M

Open	High	Low	Volume
$3.24	$3.30	$3.17	254.1K

Buyers (Bids)

Vol.	Price($)
3320	$3.20

Sellers (Offers)

Price($)	Vol.
$3.25	3375

Last trade - 16.11pm 14/08/2026 (20 minute delay)

MYX (ASX) Chart

Charts do shout, page-8

White Cliff Minerals transitioning Danvers discovery into continuous copper system

Antares Metals hits copper mineralisation at depth at Conglomerate Creek in Queensland

Kuniko extends Commonwealth-Silica Hill with positive drilling in lead-up to MRE

Cosmo Metals confirms broad mineralised zone at the Kanowna Gold Project in WA

Market Open: ASX tipped to continue to remain in the red

Equus Energy inks 10-year gas sales agreement with Alcoa in WA

Ainsworth locks in Aristocrat patent deal for $8.5m

HotCopper Highlights: DroneShield, tungsten and lithium stocks dominate this week’s investor chatter

Dale Gillham: Are Australian Property Prices Crashing or Just Softening?

Capricorn Metals makes strategic acquisition of Piastri project in WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Charts do shout, page-8

Top Stories

White Cliff Minerals transitioning Danvers discovery into continuous copper system

Antares Metals hits copper mineralisation at depth at Conglomerate Creek in Queensland

Kuniko extends Commonwealth-Silica Hill with positive drilling in lead-up to MRE

Cosmo Metals confirms broad mineralised zone at the Kanowna Gold Project in WA

Market Open: ASX tipped to continue to remain in the red

Equus Energy inks 10-year gas sales agreement with Alcoa in WA

Ainsworth locks in Aristocrat patent deal for $8.5m

HotCopper Highlights: DroneShield, tungsten and lithium stocks dominate this week’s investor chatter

Dale Gillham: Are Australian Property Prices Crashing or Just Softening?

Capricorn Metals makes strategic acquisition of Piastri project in WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News