MLX has spent a long time building a base and now looks ready to kick higher

Potential Buy Alert

 

MLX – Metals X limited

MLX was hit hard back in November last year and has spent the time since building back the confidence. The diversified resource company has a portfolio of assets from exploration to production as looks ready to head higher. Price has washed out a lot of previous buyers ready to go back in so we like the price action building higher lows. Watching how price reacts through 0.90 to see if a higher low and buy entry sets up.

 

Stock Code : MLX – Metals X limited

Company Website : www.metalsx.com.au

Current Price : 0.85

Status : On watch for buy entry setup