I am not a chartist but this is how hourly chart looks like. Inverted hammer formed, good buyer volume between 2-2.4c. RSI in oversold territory, MACD about to turn, sitting at key level of support, nicely respecting the trend line. Going down on low volume found key level of support around 2.4-2.5c. The green drawing is how the price action will be next couple of weeks. Looking bullish to me to test the 3.7-3.8c long term resistance. As I said I am not chartist so welcome any corrections.
IMO, DYOR
MGT share price, page-1885
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Last
26.5¢ |
Change
0.015(6.00%) |
Mkt cap ! $27.08M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.5¢ | 25.0¢ | $20.76K | 80.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90370 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 9600 | 1 |
View Market Depth
| Last trade - 15.46pm 06/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |