Very much looks that way, nothing overly volatile, just a nice steady supported climb, exactly what you want to see bouncing off support, couple more days of this and a retest of 7.8c resistance could be on the cards, especially considering the outstanding Quarterly Report and PFS due any week before EOFY.
With that said we could also being seeing the start of a longer term consolidation which could see us cap around 7c and Squeeze as we approach PFS.
Either way still cheap at these prices considering our near future, IMHO any price pre PFS is cheap! Let alone pre production haha
MGT share price, page-5528
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Last
24.0¢ |
Change
-0.025(9.43%) |
Mkt cap ! $24.52M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.0¢ | $93.94K | 370.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 25699 | 1 |
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| Last trade - 13.25pm 08/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |