ASX STOCKS SCAN: MIN - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 5-red may be moving higher.
Key Points: Wave 5-red may be extending and subdividing into waves i,ii,iii))green. And its wave iii))green may be moving higher, targeting 48.60 or higher. While price should remain above 34.81 to maintain confidence, the weight of this bullish view.
I
−3.04 USD
−585.46 M USD
2.90 B USD
About Mineral Resources Limited
Sector
Industry
CEO
Christopher J. Ellison
Website
Headquarters
Osborne Park
Founded
2006
ISIN
US6030511033
FIGI
BBG002CRC9R0
Mineral Resources Ltd. engages in mining and processing of mineral properties. The firm operates through the following segments: Mining Services, Iron Ore, Energy, Lithium, Other Commodities, and Central. It offers contract crushing, infrastructure, and recovery of base metals concentrate. The company was founded by Christopher J. Ellison on February 27, 2006, and is headquartered in Perth, Australia.
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ASX: MIN | 18 APR, 2024 ASX: MINERAL RESOURCES LIMITED - MIN: 18 APR, 2024 | 1D Semilog Scale Chart
© Master of Elliott Wave Analysis: Shane Hua, CEWA-M.
Details: The shorter-term outlook indicates that both wave (1)-blue and wave (2)-blue have concluded, with wave (3)-blue initiated since the low at 52.52. The anticipate
ASX:MIN TRIPLE BOTTOM TREND BREAKASX:MIN Daily TF
Waiting to see if Mineral Recourses Limited confirms the direction change & continuation.
Off a Triple Bottom and Downtrend Break, the 2 remaining things I am looking for are Bullish Momentum indicated by RSI & price to break through Resistance Zone.
This happened in a similar oc
MIN - Diamonds are a girls best friendDiamonds have a future especially now that buyers are concerned with providence.
The major swing that occurs from Oct 20 from the lows 37.40ish to the peak in Aug 21 is where I've taken my analysis from. It's a slow mover but consistent for a technical setup.
Price has hit a 61.8 Fibonacci retracem
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
MALRF5406290
Mineral Resources Limited 8.5% 01-MAY-2030Yield to maturity
—
Maturity date
May 1, 2030
MALRY4821903
Mineral Resources Limited 8.125% 01-MAY-2027Yield to maturity
—
Maturity date
May 1, 2027
MALRF4821902
Mineral Resources Limited 8.125% 01-MAY-2027Yield to maturity
—
Maturity date
May 1, 2027
MALRF5661196
Mineral Resources Limited 9.25% 01-OCT-2028Yield to maturity
—
Maturity date
Oct 1, 2028
MALRF5406288
Mineral Resources Limited 8.0% 01-NOV-2027Yield to maturity
—
Maturity date
Nov 1, 2027
See all MALRY bonds