MP1 - Megaport Limited

[bk1]

And i didn't think the results were that bad..shows you how much i know.
I was probably blinded by the fact that MP1 had finally turned a profit for the year.
Could be more pain coming especially if the market perception becomes widespread.

Not Held

 

[Miner]

With three free stock analysis with Vector, did another analysis on MP1.
Surprising the same aligns with Trading View with a strong sell on technical ground

 

[qldfrog]

With three free stock analysis with Vector, did another analysis on MP1.
Surprising the same aligns with Trading View with a strong sell on technical ground
View attachment 183827
View attachment 183829

I like your third analysis image

 

[Dona Ferentes]

so, has a double bottom landed, or is there worse in store?

.
some spurt included MP1 in the top holds for next decade, but is that going to be the case?

NLH

 

[finicky]

Market Matters replied to a subscriber's question 12/10/24
"Megaport (MP1): Guidance in its August FY24 report was disappointing and the stocks now halved from its May high. Its a “punt” at this stage to us until a clear turnaround path evolves with the stocks still priced for high levels of growth."

I'm on the sidelines re the chart. Doesn't look all that promising at this time imo. A close above 7.50 would have me optimistic. A close below $7 would be a bad look.

Not Held

WEEKLY

 

[finicky]

'Market Matters' Friday afternoon report
Not Held

• ResMed (RMD) +5.92% reported after hours in the US with revenue of $1.22bn up 11% YoY and ahead of $1.19bn expected, EPS of $2.20 vs $2.07 consensus. Commentary was strong, the CEO Mick Farrell saying “Our first-quarter fiscal year 2025 results reflect ongoing momentum and strong execution across all areas of our business.”

 

[Dona Ferentes]

'Market Matters' Friday afternoon report
Not Held

• ResMed (RMD) +5.92% reported after hours in the US with revenue of $1.22bn up 11% YoY and ahead of $1.19bn expected, EPS of $2.20 vs $2.07 consensus. Commentary was strong, the CEO Mick Farrell saying “Our first-quarter fiscal year 2025 results reflect ongoing momentum and strong execution across all areas of our business.”

megaMed ? ResPort ?

 

[finicky]

@Dona Ferentes have reported. More hassle for Joe, or just leave?

 

[Dona Ferentes]

@Dona Ferentes have reported. More hassle for Joe, or just leave?

probably @Sean

 

[finicky]

probably @Sean

I thought he was just titular

 

[finicky]

Despite oversold momentum the weekly chart has deteriorated and closed below the seven weeks consolidation range and below $7. So it looks like a low is off the cards for the time being and I have to call it a sell until favourable weekly candlestick(s) appear.

Not Held

WEEKLY