I'm a little puzzled as to the question about the price being capped. From where I sit, we are witnessing a steady build up in the share price in anticipation that MYG could be the real deal.
Evidence?
1)Volume building. We have been used to up to a 1 million shares traded on a good day, yesterday was over 3 million, today over 5 million
2) Closed at or near its highs on Friday, same again yesterday and today it's 11c as I write this, with the day nearly done
3) Bollinger Bands have sprayed wide open, with the stock trading near the top band
4) Parabolic giving a buy signal
5) Waiting in the wings (we think/hope)is the finance approval and resource upgrade. Production getting closer
6) Market sentiment towards Juniors is improving
For those of us who bought at 6 and 7 (or even those who bought last year at 4 and 5), this present run is anything but capping.
Wait, wait, always wait. Let the company do its job
Bob
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Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $73.63M |
Open | High | Low | Value | Volume |
80.0¢ | 81.0¢ | 79.5¢ | $53.19K | 65.96K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2525 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 10675 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2525 | 0.790 |
1 | 12820 | 0.780 |
1 | 4000 | 0.770 |
1 | 3800 | 0.765 |
1 | 2000 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 10675 | 1 |
0.820 | 5933 | 1 |
0.830 | 8059 | 1 |
0.835 | 6655 | 1 |
0.840 | 2964 | 1 |
Last trade - 15.50pm 27/09/2024 (20 minute delay) ? |
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MYG (ASX) Chart |