MGZ 0.00% 2.0¢ medigard limited

mgz sp momentum

  1. 7,562 Posts.
    lightbulb Created with Sketch. 2077
    I thought I might have a quiet little conversation over here by myself.

    This is the weekly chart for MGZ. It is such a thinly traded, illiquid stock that almost nothing comes up on the page for the daily chart. This stock has traded fewer than 30 times in the last 12 months.

    However, things are happening. [though I have to admit I am responsible for some of the action ... because I have been buying.]

    To understand my chart:-

    The unbroken lines are charting the momentum. When the Blue line is above the Red line that indicates positive momentum.

    The dotted lines chart the volume. The dotted Red line is 10 period volume and the dotted Blue line is 25 period volume.



 
watchlist Created with Sketch. Add MGZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.