re: gapped down charts to plough Hey man you are over simplifying the TA situation
of the candle comments.
They are an eyeball aide to the next stock movements and must be combined with volatility , previous support history and dare I say it ...Stock Fundamentals..
with MGX eg the chart shows a reduced volume sell off
We were looking for a white Hammer reversal which may have been Gizzardz thoughts of a retrace confirmation and his 27c buy.. It was a lower than 28c(open) close and still arisk IMO..
If you look at the common TA retrace level of 50% it has closed very close to my rough calcs at 28c
Where do you think it will go..????
80% is a Fantastic return ..I am in the Red with my spec trades due to a gambling addiction and poor Money management
please help
gapped down charts, page-11
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Last
30.3¢ |
Change
0.023(8.04%) |
Mkt cap ! $362.4M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.0¢ | $702.6K | 2.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 222256 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 170628 | 12 |
View Market Depth
| Last trade - 15.44pm 12/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |