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- 10 June 2007
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MLX was bought as it was breaking out to the upside and is back in the Speculative Stock Portfolio.
Thanks @kennasThis has been fantastic to watch, just wish I was on board. Not sure why I didn't jump on, maybe preserving cash for a breakdown and saw better value elsewhere. But, I've been wrong. This has been a champ. Nice and steady, nothing crazy, just onward and upward...Great pick @aus_trader
View attachment 131517
Thanks @kennas
Could have easily sat on the sidelines because the first attempt in the speculative portfolio earlier got stopped out. The turn-around in the company fundamentals provided sufficient conviction to dust off the losses and have another go.
even with $xjo in sell mode, $MLX should keep its upwards trajectory, until the value has been squeezed out
ASX:MLX Chart Image by traderjazzhands
www.tradingview.com
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