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27.0¢ magnetite mines limited.

I think Marty was referring to the long term potential not the...

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Irongrilled

832 Posts.

431

18/09/21

17:58

Post #: 56176163
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Originally posted by pizza8686: ↑

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

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I think Marty was referring to the long term potential not the next few weeks of price movement.

MGT Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

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(20min delay)
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

No.	Vol.	Price($)
2	20184	0.270
2	84317	0.265
6	129038	0.260
2	36207	0.255
4	261641	0.250

Price($)	Vol.	No.
0.280	21000	1
0.285	8885	2
0.290	122948	7
0.295	5000	1
0.300	17331	4

Last trade - 15.41pm 19/04/2024 (20 minute delay)


Last 27.5¢			Change 0.000 ( 1.85 %)
Open	High		Low	Volume
28.5¢	28.5¢		27.5¢	1445
Last updated 11.54am 19/04/2024 ?

MGT (ASX) Chart