MGT Chart 2021, page-8

Lol, what a cracker. I haven't come across that indicator or chart pattern in any of the reading I have done. Clearly I need to do more research

Here is the weekly data going back 10 years, with red lines indicating historic support and resistance levels. MGT just blew through the mid 5c resistance as well as the 6c resistance in a week. The mid 5c level you could argue should have represented an area of significant resistance, but nope didn't blink an eye at this historic resistance level. Next levels look to be around 8.5c, 10.5c and 13c. After that who f'n knows lol. Given how MGT treated mid 5s and 6c then may be historical prices are simply consigned to the history books and MGT is forging a new history for itself. gla