unfortunately the Technical Analysis on the charts disagree with positive sentiment at the moment
the smart money got out at the top of the range cycle
MGT has failed to recover any price surgence upwards and once again failed on Friday with an afternoon sell off
Momentum is pointing down on MGT
It’s looking bearish , from its yearly high to where it sits now
You can live in hope , but hope is not a strategy in the markets
I think this has tested a lot of patience for a few holders and are heading out the exit doors in droves
Better strategies elsewhere
MGT share price, page-9519
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 (20min delay)
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $31.49M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 41.0¢ | 32.0¢ | $230.3K | 641.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24692 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 13273 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
33.5¢ |
Change
0.005 ( 6.86 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 41.0¢ | 32.0¢ | 101538 | ||
| Last updated 15.55pm 06/05/2024 ? | |||||
| MGT (ASX) Chart |