MGV 0.00% 39.0¢ musgrave minerals limited

MGV Chart and Technical Analysis, page-185

  1. YLJ
    819 Posts.
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    **Posted on the wrong thread earlier...

    MGV inverted H&S shoulders with C&H breaking out on good volume.
    A close above 0.395 will be a good sign, especially on a Friday.
    If it can not achieve that I will cut this trade and reconsider next week.

    Recent Channel break and volume indicators both support the trade.
    The measured target is circa 0.50.
    My stop is under 0.35, some would prefer a little lower...

    GLTA
 
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