MGT 1.54% 33.0¢ magnetite mines limited.

Haven't seen a chart on the MGT threads for a couple of months...

  1. 64 Posts.
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    https://hotcopper.com.au/data/attachments/4172/4172889-e724782a1bde477981e0624b7903c675.jpg
    https://hotcopper.com.au/data/attachments/4172/4172964-c3fc2cb1e6377b5d127d121d4cf3e969.jpg
    Haven't seen a chart on the MGT threads for a couple of months or maybe that's due the extended swings I've been doing up at PLS's Pilgangoora site due to covid finally spreading into WA. Some people are or were calling cup and handle? I prefer to use Fib levels and Elliot Wave. Being a LTH orange boxes are where I will be laddering further into my position and laddering out once we hit LTH, that is if we do hit LTH with what's going on politically in the world and how the Australian election goes in May. I'm Definitely not pro just just learning TA so happy for feed back. first chart is more aggressive on price action and second is a conservative approach using linear regression channel with elliot wave and fib levels.
    Last edited by Agibson1978: 15/03/22
 
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