The Bollinger bands have narrowed to a bottleneck, which as far as I understand them indicates a sharp move either way - and I don't think it's just emotion which tells me that would surely have to be back up. And the Stochastics indicate way oversold. The volume is still paltry at the moment but whenever the big boys get back from holidays and start placing orders, I reckon everything is pointing to the next big move up.
But then I might be proved wrong, as Leonard Cohen would say.
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Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $406.9M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $602.3K | 1.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 312027 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 297774 | 6 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |