For what it's worth here is what I'm seeing.
DAILY INDICATORS
If we had some strong volume return to the stock in the next few weeks, then it could break out to the upside and confirm the bull pennant shown on the price chart. There is a gap just below current prices on the daily chart, but the stock has had all month to fill it and hasn't done so. Maybe the market doesn't want to take it that low, and for good reason mind you.
WEEKLY PRICE (I went with the weekly to make things a bit clearer, the daily shows the same patterns)
For what it's worth here is what I'm seeing.DAILY INDICATORSIf...
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Last
92.0¢ |
Change
0.035(3.95%) |
Mkt cap ! $84.15M | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 94.0¢ | 89.0¢ | $75.31K | 82.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1527 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 1629 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |