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So a new all-time low is here and once again it is MQR's old...

  1. 699 Posts.
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    So a new all-time low is here and once again it is MQR's old time enemy Volume that has brought it in.

    After sitting outside the trendline for a few days it has been smashed back down under the line. A new lower high has been confirmed and this is now going to head down to find new lows. Like I said last week I believe the next low will be .010 and this is only a psychological level. This is very bad considering we are entering into tax time sell-off. If this continues I would say .005 is a very real probability by EOFY.

    https://hotcopper.com.au/data/attachments/6184/6184383-47b21e3c1738a7bbde6b69f7b7f7997d.jpg
 
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