Just looking at MQG's chart. My only positive for now is that the daily trading ranges have substantially been reduced if you compare this year's bars to the last half of last year's. Daily volatility is subsiding.
However, current volumes suggest sellers are in control on red days and buyers are thin on green days. Most would agree we'll see it touch 20 once or more, and maybe even 15 a few times.
We now know 15 should be critical, but that does not mean it would go well below if the price goes under 15. Quite often many traders do their buying just under support.
Again good luck. I'm keeping an eye on it. It's a top company that is well respected globally.
Just looking at MQG's chart. My only positive for now is that...
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Last
$225.86 |
Change
7.650(3.51%) |
Mkt cap ! $86.08B | |||
| Open | High | Low | Value | Volume |
| $221.80 | $225.86 | $220.63 | $149.9M | 669.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85 | $225.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $225.86 | 744 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| MQG (ASX) Chart |