MGT is no doubt in the middle of a parabolic move here so it will either shoot up towards 10c to finish it in the next few days (better ST) or settle somewhere in the 6s to consolidate (much better LT).
The hourly does show a distorted cup and handle although it can also be seen as a double top - depending on what happens this week.
I would rather have it consolidate here now than overshoot, as the OCs are well in the money. Then after a solid consolidation give us a sustained move over 10c on PFS and stay there.
But that’s just me as I am not in a hurry
Excited to see what the week brings
MGT is no doubt in the middle of a parabolic move here so it...
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.57M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.0¢ | $19.02K | 69.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20184 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 21000 | 1 |
View Market Depth
| Last trade - 15.41pm 19/04/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
0.000 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 28.5¢ | 27.5¢ | 1445 | ||
| Last updated 11.54am 19/04/2024 ? | |||||
| MGT (ASX) Chart |