i'd call it an indecisive doji day denoting indecision but price stayed above the 8wma and it might test the 34wma for support before heading higher. Sometimes there is a pullback to test the 34wma for support or it might just be a shuffle to the right with small bodied candles before heading higher but once the 34wma has been tested for support and green candles start forming afterwards is when the buyers will step in. If the iron ore price continues to rise it will help greatly.
MGX 0.44
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 25.8¢ | 26.0¢ | 25.5¢ | $304.7K | 1.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 537339 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 322931 | 8 |
View Market Depth
| Last trade - 16.13pm 26/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |