MGX 1.18% 43.0¢ mount gibson iron limited

Hi NT ,in my opinion resistance points are still valid to a...

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    Hi NT ,in my opinion resistance points are still valid to a certain extent mostly because other traders see them and act on them ,making them a self fulfilling prophecy. so I am in agreement with jdpc35 , anyhow we will see how things play out , Another thing to consider is the iron ore price is showing some weakness recently so maybe the $1 mark could be a resistance level for some time before moving up.

    Just my thoughts

 
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