MGT share price, page-11780

...sigh...zoom out to the weekly to get a better view of what's going on. There is too much noise going on if you just look at any given day. XSO is down roughly 25%, XJO 20%, XEC 30% ect...the day to day movement of a stock/s means nothing it's the trend that is important.

MGT is a high risk asset and risk is not attractive at the moment so we're getting punished by the market. When there is an appetite for risk the fund managers ect. will return to the sector.

Don't be surprised if over the next month or two .017 is retested which was a previous high in September 2021.

at this stage it looks like around .02 will be a lower low and the next lower high should be around .025