MFG magellan financial group limited

I think retracement is a bit too deep to be c&h. Looks more like...

  1. 54 Posts.
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    I think retracement is a bit too deep to be c&h.

    Looks more like an inverse h&s to me. Bouncing off support at around $58 would increase the probability of this. Moving pass neckline around $65 would confirm it.
    https://hotcopper.com.au/data/attachments/2593/2593517-d3bb51e885909d5b0208aa045f0f4072.jpg

 
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Last
$10.80
Change
0.260(2.47%)
Mkt cap ! $1.842B
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16 1713 $10.79
 

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Price($) Vol. No.
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Last trade - 14.23pm 31/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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