There's two 1mill buys that I expect will be pulled before open.
We have a lot going for us this week though. The obvious being PFS due.
Also there will be a lot of tax time selling for people to book losses on other stocks, which we should completely avoid as almost everyone in MGT should be holding at a profit. Which means people will book losses and free up capital, that capital will need to find a home.
The Dow filled a gap this morning and is sat on previous resistance which is now acting as support.
I think the ASX will be sold off, but not as dramatically as the US markets did on Friday.
Whatever happens it should be an interesting week.
MGT share price, page-7173
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $18.41M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $1.141K | 6.247K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 123184 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 361264 | 2 |
View Market Depth
| Last trade - 15.46pm 20/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |