MGT 1.89% 26.0¢ magnetite mines limited.

I don't understand bulls sometimes. .our current swing high...

  1. 404 Posts.
    lightbulb Created with Sketch. 139
    I don't understand bulls sometimes. .our current swing high is .029 and swing low is .015 so likely we'll retest the 50% level of the range which is .022...if MGT can't break above the 50% level of the range the next lower low is around .01 ... buying at .018 seems very risky while we're still in a confirmed down trend...it may be a genius buy but why wouldn't you short a lower high in a down trend and long a higher low in an uptrend?
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $25.59M
Open High Low Value Volume
28.0¢ 28.0¢ 26.0¢ $39.82K 152.0K

Buyers (Bids)

No. Vol. Price($)
6 26773 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 7500 1
View Market Depth
Last trade - 15.58pm 26/04/2024 (20 minute delay) ?
Last
26.0¢
  Change
-0.005 ( 5.45 %)
Open High Low Volume
27.5¢ 28.0¢ 26.0¢ 17311
Last updated 15.58pm 26/04/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.