MGT share price, page-12951

I agree with you on the month or 2. But I don't think. we will hold .59 there isn't enough volume in the way.

Couple of indicators / patterns, in the last 12 months we have been on a downtrend overall, we have had a minor reversal on the back of good announcements and then back to the low volume downtrend. Sellers seem to need to move to meet the buyer price, most of our investors are retail, with raising rates alot will need extra cash. Along with candle pattern recognition and indicators. We are coming into week 2 of March, somehow I doubt we will see anything next week, the market is impatient.

I think we will see bigger volumes on Monday but continued downtrend target on the way down will be .5 all it takes is someone to want rid of 50k of shares and we are at that level again. The big order got filled today at .61.

I have a pile of cash waiting on the sidelines if I see low .5s I'll be taking a good hard look. But if I'm going to buy more in .6s I want the price to flatten out a bit more.

On the longer term 2 month+ I think we will see $1.25 atleast. opportunity to double your money IMHO but this is not financial advice, DYOR and make your own decisions.

Big moves happen with volume, I have alerts set through my trading platform for >100,000 shares traded, >.65 and <.60

I'm writing here so often also as a diary, that others may benefit from, lets me look back at thoughts of the time and compare to what is happening now vs what did happen vs what I thought was happening.