MGT 2.63% 19.5¢ magnetite mines limited.

the monthly chart, weekly and daily all seem to possibly be...

  1. 406 Posts.
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    the monthly chart, weekly and daily all seem to possibly be saying the same thing IMO
    https://hotcopper.com.au/data/attachments/4989/4989831-b7015845b81392def0cd1630e4a83b2c.jpg
    I think support has been indicated at .51 and resistance at .54

    6 month chart still looks downtrend or sideways
    https://hotcopper.com.au/data/attachments/4989/4989864-83bb99bb8887d8fe611568d98f3450a6.jpg

    I don't think we will retest .45

    My prediction for today is open higher at .53, retest .51 and close at .51 - .52

    Prediction for the week is that we will break .54 and this will become new support. Friday to be busy
 
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