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MP1 Asx stock Analysis
Time Frame : Daily Chart
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Watch for Sell Entry Setup
MP1 is showing early signs of failing at the recent highs around 12.32 after a strong run up off 6.00 lows. We expect that there will be a rush for the door if the ASX200 makes another run for new lows so we are watching for a Sell Entry Setup. We can see the momentum falling along with a lack of volume suggesting no interest from new buyers at the highs.
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Stock : ASX stock MP1
Current Price : 11.88
Status : On watch for a break down below 11.11
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