MAG
Click for more information
10.9% 5.7¢ magmatic resources limited

VW-MACDCypher pattern is now formed on the stock, which is a...

  1. Tiglath
    1,872 Posts.
    lightbulb Created with Sketch. 1006
    clock Created with Sketch.
    08/07/21
    17:46
    Post #: 54378409
    VW-MACD

    Cypher pattern is now formed on the stock, which is a technical wave pattern in which the market is trending but it makes sharp reversals during the day. The important point of the bullish cypher is that both the lows and the highs are trending upwards. For the bearish pattern, the opposite happens. Selling is completely done for the stock and it's now in rang bound with accumulation happening off the screen since 2nd of July. Also, I've picked up Positive divergence on money flow and VMWMACD ...with trend direction building up...Below are my Target 1 and Target 2. Breakout is imminent from here. Sit tight and enjoy the ride.


    https://hotcopper.com.au/data/attachments/3342/3342302-a9bd2617cf9344a64e80424306e65d4e.jpg


    https://hotcopper.com.au/data/attachments/3342/3342325-cf7c5022b9af5ed85630db7d08b4c0e4.jpg
    https://hotcopper.com.au/data/attachments/3342/3342330-59496b73cf899c4cb481363167d08cba.jpg

    https://hotcopper.com.au/data/attachments/3342/3342333-a59f5003c40f0580f7645d7ea5e3c4d2.jpg



    MAG Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch. 7  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
CTT Cettire has launched in China – but can it turn its share price around?
right-arrow Created with Sketch.
HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
NEWS Money and Investing: Talking the minefield of divorce & family law
right-arrow Created with Sketch.
MYR Myer lobs proposed merger at major shareholder Premier Investments
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
5.7¢ 		Change
-0.007(10.9%) 		Mkt cap ! $23.77M
Open High Low Value Volume
6.0¢ 6.0¢ 5.7¢ $58.38K 986.1K

Buyers (Bids)

No. Vol. Price($)
1 15181 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 10000 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.