Doubt it! A retracement on low volume is actually bullish. Take out the one sell for 1M shares which appears to be a distressed over leveraged seller and you have a different picture. A 61.8% retracement of the last move is 38.5c. I expect that to hold!
are the 60c options just for show..., page-47
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 30.3¢ | 30.3¢ | 29.5¢ | $186.2K | 623.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 161795 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 151730 | 4 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |