Market Mover | Mineral Resources shares plummet 8%, facing significant selling pressure
Market Mover | Mineral Resources shares plummet 8%, facing significant selling pressure
Resistance: A$54.75$Mineral Resources Ltd (MIN.AU)$ shares fell 8.47% on Monday, with trading volume expanding to A$108.85 million. Mineral Resources has rose 8.53% over the past week, with a cumulative loss of 46.88% year-to-date.
$Mineral Resources Ltd (MIN.AU)$ 週一股價下跌8.47%，交易量擴大至A$10885萬。礦產資源上週上漲了8.53%，年初至今累計跌幅爲46.88%。
Mineral Resources's technical analysis chart:
礦產資源公司的技術面分析圖：
Technical Analysis:
技術面分析：
Support: A$33.15
Resistance: A$54.75
Price range A$33.15 to A$54.75: The trading range indicates a heavy concentration of selling orders, with the stock price on an downward trend. There's a high concentration of trapped positions within the trading range, which implies strong resistance to any upward movement. The stock started to decline near A$54.75 due to selling pressure and repeatedly touched the A$33.15 level, where it seems to find some support. Going forward, it's crucial to watch whether the support at A$33.15 holds and if it can lead to a potential rebound.
支撐位：A$33.15
壓力位：A$54.75
價格區間爲A$33.15至A$54.75：交易區間顯示出大量賣單集中，股價呈下降趨勢。在交易區間內有大量被困住的持倉，這意味着對任何向上運動都有強烈的阻力。該股票開始在A$54.75附近下跌，由於賣壓，價格一再觸及A$33.15，似乎找到了一些支撐。未來，關鍵是關注A$33.15的支撐是否能夠保持，並且是否能引發潛在的反彈。
Market News :
市場資訊：
Mineral Resources announced that its board considers Ellison to have sometimes lacked integrity and not been fully transparent. They also believe he didn't clearly separate personal from company interests and didn't prioritize timely disclosure of potential conflicts, the company noted.
Mineral Resources宣佈，其董事會認爲Ellison有時缺乏誠信，並且不夠透明。他們還認爲他沒有清晰地區分個人利益和公司利益，並且沒有將潛在利益衝突及時披露放在優先位置，公司指出。
Chris Ellison, the founder of Mineral Resources, will remain as the Managing Director while accelerating the leadership transition over the next 12 to 18 months. Additionally, he faces an A$8.8 million fine and potential salary losses up to A$9.6 million imposed by the Board due to investigations into his private tax settlements and conduct.
Mineral Resources創始人Chris Ellison將繼續擔任董事總經理，同時在未來12至18個月加快領導層過渡。此外，由於對他的個人納稅結算和行爲進行調查，他可能面臨董事會處以880萬澳元的罰款，並面臨高達960萬澳元的薪資損失。
Overall Analysis:
總體分析：
Fundamentally, focus on the company's performance and operational status. Technically, pay attention to whether the support levels hold and if the resistance levels can be effectively breached.
基本上，關注公司的業績和運營狀況。從技術上講，要注意支撐位能否持穩，以及阻力位是否能被有效突破。
In this scenario, investors should adopt a cautious strategy, setting stop-loss points to manage risk and maintaining ongoing vigilance regarding company developments and market conditions.
在這種情況下，投資者應採取謹慎的策略，設置止損點來管理風險，並對公司發展和市場情況保持持續警惕。
Source: Mineral Resources, Bloomberg
資訊來源：Mineral Resources，彭博社
