Metals X (MLX)

Discussion in 'Stocks & Derivatives' started by scott_reeve, Oct 29, 2017.

  1. scott_reeve

    scott_reeve Active Member

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  2. scott_reeve

    scott_reeve Active Member

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    MLX chart update. Since previously charted, MLX did hit the $1.18 target, the next upper trending Resistance point. This also prooved to be the ST reversal point. With the reversal, $1 failed as Support & is now the current Resistance point. With copper price doing well, this could potentially push into $1.10s again short-term.

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  3. scott_reeve

    scott_reeve Active Member

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    MLX hitting 84.5c today, pushing back into bottom part of LT channel. Best weekly volume (so far) since late Jan 2018.

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