MGT magnetite mines limited.

I use TradingView and a couple indicators from the library and...

  1. 404 Posts.
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    I use TradingView and a couple indicators from the library and an uncomplicated strategy:
    1. RSI for momentum
    2. Bollinger Band Width Percentile for volatility
    3. Trend (most important)

    at the moment on the daily timeframe we have:
    1. Trend is down
    2. RSI is overbought and looks like it wants to curl downwards
    3. Volatility is low (10th percentile)

    what I'm hoping to see is the volatility really tighten downwards over the next week or so, while the RSI resets.

    Then as volatility starts to expand the RSI starts to curl upwards and then we should see a break to the upside and hopefully confirmation of a trend reversal and out of the falling wedge.
 
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Last
8.5¢
Change
0.000(0.00%)
Mkt cap ! $10.28M
Open High Low Value Volume
9.0¢ 9.0¢ 8.5¢ $13.87K 155.8K

Buyers (Bids)

No. Vol. Price($)
2 6137 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 165931 2
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Last trade - 15.53pm 25/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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