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Online Share Trading

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MTX on the move

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kwagga
Super Contributor
Breaking out of it's trading channel. See my comment on 8 Dec under MTX share discussion.
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8 REPLIES 8
Blik
Super Contributor
The words, letters, expletives, etc etc, I have to say about MTX would get me kicked off this forum promptly by Net Nanny. I have many Rands to go on this one!
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djw
Regular Contributor
Agree with you. This must be one of the hardest shares to call. Hope it does break out of this trend and move to R3.50 but it can just as quickly go south for no reason
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kwagga
Super Contributor
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Maddog
Regular Contributor
This time of the year shares move on thin volume does this not skew our techncial analysis? a few buyers could lead to a false breakout...im just asking coz im curios
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kwagga
Super Contributor
MTX has been trading in huge volumes over the last few days, but I think that the momemtum behind this share is slowing a little. Maybe time for a breather.
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Not applicable
Nah, 3m shares traded hands already - that is above 14 day average in only a morning session. Analyst reratings across the board yesterday, a sens announcement regarding the hedge restructure, I think this is going to go to 400. The copper hedge was one of the two big concerns for me personally.
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zudy
Contributor
and now what has happened to MTX
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topgun
Super Contributor
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