Member Info for Bandit786

Thanks Jimi

What are your price projections for this one? If you don't mind....

As much as I don't like following technical indicators with these stocks, I think around this range for a week or so will bring the RSI down from 80, so we begin the next leg up.

She goes, MM determined to keep this up there, looking difficult to keep it down.

Thanks guys and Joli...very useful info

MM's will shake the sh*t out this around this price range before letting it go to 10p and beyond. Personally, I don't use technical analysis on these types of shares, it often does play out . Good luck to all, I am very happy to hold..I wish I could add even at these price levels.

B

****ney, I agree with you, we will need another week or so to pass those resistance levels it maybe sooner as news is imminent.

Overbought secanarios can be good indicators, however, in some situations, particularly this one, I expect us to remain Overbought for a long time; which can also happen with shares and is healthy.

Tom, it was namely institutions and our very own CEO involved in that one (not public raise) , and it is unlikely we will see them sell anytime soon or at break even at that.

There is psychological resistance at 10p mark, where there will be profit takers expecting the SP not to go past that level or simply people happy with what they have already made.

Once we pass the level of 10p and hold will we be on our way.

We are on FIRE! Can't imagine what will happen when EL lands!

And relax for six weeks from today and watch the fireworks right in front of your eyes!

We would have been at 7.5p if the sellers had not hammered it today...each to their own. At least we tested 7p today i still believe 8p by Tuesday if not earlier.

A point to note, and something I'm really happy about is Petrovis, still supporting MATD ; by the sounds of it, with any means necessary.

Niceto, I agree with your points, tbh, my comments were more directed at RMS....although I did not want to name them then.

No need to revise down, I think we will see 8p by Tuesday, lol

I don't think we need what sounds like ramping here, sp will do its thing now on its own, if possible pls refrain from it.

Should see us pass 7p in the next couple of hours...now that it has had a chance to rest and consolidate.

Ojay, thank you, I think u might be right, I think I might wait it out.

6.3 and I will break even! Long wait for me too...question is at what price do we cash in ? Or wait 12 more months and let it hit 50p???

Ideally, I would love to see an announcement about an oil major partnering up with MATD Post EL...we shall see

Brel, I believe that there is genuine interest in the share now; compared to some months ago. The only way is up...this is definitely not a P&D stock. But thank you for your thoughts, we will be careful...:) careful with all the profit in the next 2-3 months.