Nice UP shaped pennant has formed capped by resistance at 40c.
A break through 40c should see onwards and upwards to 50 fairly quickly.
But...I never put more that 60% likely on chart patterns although this one is on the 60% likely.
MGT $ 1.00 TARGET PRICE 2024, page-459
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Last
25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $24.52M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.0¢ | $99.91K | 394.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36606 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 25698 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |