MGT share price, page-2052

here are some start of the week charts looking at Fibonacci retacement and a quick analysis of the rsi
the red line on the rsi chart above is about where i would be 100% buying if i were to rely on rsi, and the red line on the candlestick chart is where i would estimate the price to be around at the time we touch the red line on the rsi.
the green line indicates what i would expect a continuation pattern to like like, this can be most likely confirmed by touching the green rsi line and not falling through for 2 or 3 days.
if you go off rsi you may expect a continuation to last until news.

Fibonacci

i believe it is clear the trend reversed where i marked the 0% line with a prominent bearish engulfing pattern obviously marked by the oval
this chart here says that we may have broken the 50% fib level from our last run indicating that if we dont take off in the start of this trade week we may fall back to the 61.8% lvl (about $0.021 - $0.022 ) before we run again if we are going to maintain an overall upward trend or consolidate around that .022 mark.

here is the same chart as the one before with the fib marking the run from .007.
this run, at its peak was 128% from .007 and definitely hit that 61.8% fib line then consolidated
on our current run our high was 126% from .015 and we are nearing that same fib line if we hit it this chart maybe what happens next.
i also believe if the green line play on the rsi happens these two types of analysis together paint a pretty steady picture of consolidation until news or our next random breakout.

on the next break out it is my pleasure to point out that if we run from .022 up to .050 that would be in percentage... wanna guess, ill wait
...

...

...
it would be 127%!
lol im beginning to see a pattern here that i like