That looks very likely now.
Each day mgx has been hitting new highs and closing on new highs too.
It has tremendous momentum now, one has to wonder what are the reasons behind this exactly.
If you watch the trading you will notice sellers push it down rather quickly and then the selling slows.
It then tests the upper level once or twice and once buyers are satisfied it has bottomed, it without fail, pushes quickly back up
Each day it's been doing it, you just have to look back at previous days. Just got to go with it really
accumulation, page-24
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $414.2M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 33.5¢ | $279.8K | 825.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 187731 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 89541 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |