MGT 2.00% 24.5¢ magnetite mines limited.

MGT Chart 2021, page-165

  1. 1,582 Posts.
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    No problems question away that's what we all here for. I put together my latest chart from today's close.
    I used a weekly chart mainly to smooth out the noise from up-rampers , you see tweezers top is significant of reversal in trend.
    I've used a 30 average, ( that's being
    generous) which runs around the 3.5c level, the green area is hype, I've also put in a probability bar as to where the price meets the bottom of the big white bar. Money flow turning down indicate some skin coming out of the game.
    Now the report is out , there won't be a PFS until end of June if that. The only thing keeping this up now is trying to convert as many May options . This is all imho.
    If your triggered by what I've posted don't read it and I will spare you all of any future posts.https://hotcopper.com.au/data/attachments/3138/3138749-af36fc30a0a15b0158c0de3c8b142cad.jpg

 
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MGT (ASX) Chart
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