Novac.My appologies it is a triple top. My chartist is sick in hospital at the moment so I am having to use Big charts I am Not a buyer against double or triple tops. I do not buy on the way down as I have yet to learn how to catch a falling knife. If shares have had a good rise a baloon can happen in the price and those with very large amounts of shares will NOT just sell and kill the price they will sell against buyers so that they get good prices. I do not trade like that I just sell out when I feel it is over 19.5 cents bang and I was gone It is safer to await bottoming action . I will wait as I have found very often as one door closes another opens. I miss a lot of high performing shares I must admit.I am not a Sophistocate just a value investor.Value is however a personal thing as everyone looks at it differently . I will mention something else that I do not like the movement downwards in the Shanghai index.That index is most important and Australia should pay attention to it in my opinion . Best wishes to you all Fish
MYG Price at posting:
16.7¢ Sentiment: Sell Disclosure: Not Held
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