MLS - Metals Australia

[Snakey]

Well where are you going to exit this time Nizar ? It's weakening again I think.

when are you going to exit?... Mr Absolutely Perfect????

 

[Absolutely]

Hey I'm not perfect either. I've been looking for the late run up today too but I don't think it's going to happen.

Don't know if or when to exit.

Should have got out this morning and then bought back in about now as suggested in one of my earlier posts.

 

[Dave31]

Why not hold for the run up to 10c?

I've topped up at .087

 

[KIWIKARLOS]

This stock has been flogged for a while now perhaps it needs a break before the next round. I felt i missed the bus so i jumped onto PEN instead.

 

[Snakey]

Why not hold for the run up to 10c?

I've topped up at .087

good luck with my shares dave
im sure they will come good in time

 

[Dave31]

good luck with my shares dave
im sure they will come good in time

Lets hope so

 

[trader]

I'm out for now, not sure if this is going higher, back into EVE.

 

[tech/a]

Sold half my position.

Happy with this non movement of the stock at this point.
Taking care of Risk first.

 

[nizar]

This stock gapped up too much today i think. From 8.4 to 9 is a bit much.

I remember last time this stock really ran, it gapped up only 2 ticks, from 5.0 close previous day, until 5.2. It then ran to 6.5c all within the first half hour, then down to 6.2, then back up to hit 6.8 and hovered for most of the day at 0.066-0.067. Then arvo run took it to new highs 7.0. Then it closed at 6.7c.

 

[Wilson!]

Interesting day for MLS
Was in meetings all day, made my .4c profit in the first 8 mins, then couldnt trade all day - lucky it seems, as I would have turned a loss

Hmmmm.
Let's see what tmrw brings...

I am really interested to see if JMS will run a bit again
Had an order to buy on open this morning, but pulled it. Would have taken a $1800 profit - oh well

Them's the breaks

 

[tech/a]

Remainder out at open.

 

[Sean K]

Remainder out at open.

Good work calling your trades Tech. I hope the punters out there are making their own calls.... As they should of course.

 

[nizar]

Remainder out at open.

Same i was stopped out.

 

[tech/a]

My postings are not to be taken as advice but perhaps as an insight as to the way I think in the hope that others may see something they can take away with them.

Some further musings from a 1 min chart on MLS

 

[Snakey]

in @ .085 ...large parcel

 

[krisbarry]

in @ .085 ...large parcel

Where is your T/A, charts and fundamentals...please read Joe's comments about your style of posts.

Its must come with reasoning!

 

[toc_bat]

busteeed !!

 

[Snakey]

Where is your T/A, charts and fundamentals...please read Joe's comments about your style of posts.

Its must come with reasoning!

very strong support for price above .080
i believe consolidation to be short lived
90 day chart continues up hill trend
more patience needed for this stock
will wait for completion of minor retrace then top up for continuation up to 10c +
suspect retrace will complete with in 24 hours

 

[tech/a]

Definate trap equating support to market depth.

Here is a technical view.

1 hr chart

 

[krisbarry]

in @ .085 ...large parcel

If you had waited you can now pick up a large parcel @ 8.1, 8.2, 8.3, and 8.4