that's your opinion @Glennj74 and you could be right however order books are notoriously unreliable...we've hit the .025 support 4 or 5 times and as a general rule the more times support is hit the more likely it is to break.
The reasons I think it is possible that .025 may not be the bottom is:
1. Trend is down
2. Momentum - RSI is close to turning down
3. Volatility is still medium
all 3 together suggest more pressure to the downside.
Other folks can do as they wish but I'm waiting until there is a clear change in trend before buying my next parcel
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8.9¢

that's your opinion @Glennj74 and you could be right...
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Last
8.9¢ |
Change
0.001(1.14%) |
Mkt cap ! $10.78M |
Open | High | Low | Value | Volume |
8.8¢ | 8.9¢ | 8.8¢ | $2.975K | 33.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 57411 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.085 |
1 | 66860 | 0.083 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 57411 | 2 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 11.13am 01/08/2025 (20 minute delay) ? |
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MGT (ASX) Chart |