MGT magnetite mines limited.

hope so @Catalyst444 however I'm not totally convinced yet....

  1. 404 Posts.
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    hope so @Catalyst444 however I'm not totally convinced yet. Trend is down, volatility is still expanding and RSI is still pointing downwards so there is still a lot of downwards pressure. If volatility keeps increasing and RSI continues to fall .023 is likely not the macro low.

    I'm kind of looking for multiple signs of a reversal. Possibly we have a double bottom however a reversal often has a final sell off, to exhaust the bearish momentum. What I'm really waiting for is a higher low and higher high to confirm a reversal.
 
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(20min delay)
Last
8.5¢
Change
0.000(0.00%)
Mkt cap ! $10.28M
Open High Low Value Volume
9.0¢ 9.0¢ 8.5¢ $12.21K 136.3K

Buyers (Bids)

No. Vol. Price($)
2 19583 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 84629 2
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Last trade - 14.46pm 25/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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