This is a fairly normal price action for MGX. We have had 25% retracements all the way through this current uptrend. It ran into the high 70s then dropped back to the high 50s, then trended up to the high 90s before dropping back to the mid 70s. Now we have had a sharp move up to $1.20 and a drop back to the low 90s. The uptrend is still in tact and if you own this stock I think you have to live with this volatility. Great opportunity to buy the dips and sell the rallies if you are trading this otherwise put it in the bottom drawer and believe that the recovery story will send this one much higher.
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $414.2M |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 34.0¢ | $76.93K | 225.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 283474 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 65545 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 275712 | 0.340 |
7 | 403241 | 0.335 |
6 | 103310 | 0.330 |
2 | 69233 | 0.325 |
4 | 131125 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 137 | 1 |
0.330 | 2609 | 1 |
0.345 | 65545 | 4 |
0.350 | 25520 | 2 |
0.355 | 44497 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
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MGX (ASX) Chart |