Could be a possible bottom. Certainly looks like a bullish order block that has formed on the daily. Usually sellers will try to retest the bottom to see if there is buying support. if a retest does happen we'll see if the .45 holds...personally I'm waiting to see what happens with a retest before considering a buy.
if you're looking for a boost in your TA have a look at Inner Cycle Trading (ICT), Eric Crown, Michael / Jason Pizzino and the ultimate trader W.D Gann
MGT share price, page-12690
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 (20min delay)
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Last
38.5¢ |
Change
-0.025(6.10%) |
Mkt cap ! $40.35M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.5¢ | $17.44K | 43.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49346 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 29215 | 1 |
View Market Depth
| Last trade - 12.31pm 31/05/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
-0.025 ( 3.75 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 41.0¢ | 38.5¢ | 19129 | ||
| Last updated 12.31pm 31/05/2024 ? | |||||
| MGT (ASX) Chart |