MGX 1.33% 37.0¢ mount gibson iron limited

MGX Chart/Technical Analysis, page-4

  1. 10,865 Posts.
    lightbulb Created with Sketch. 294
    Hi @Snappaman

    Excellent post & summation as my exact sentiment as well. Double thumbs up.


    Remember the saying "the trend is your friend" so never trade hoping for a reversal which may yet take much longer than you anticipate as not intelligent risk vs reward trade management.

    I've also learnt some harsh lessons in the past buying on fundamentals when the chart was down & going lower etc. Got stuck in a losing trade for year's averaging lower each time but to no avail.

    Lesson learnt wait for bullish sentiment to return first & foremost. Trade with the trend & momentum not against it.

    Cheers tela
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
-0.005(1.33%)
Mkt cap ! $450.7M
Open High Low Value Volume
37.5¢ 37.5¢ 37.0¢ $279.4K 753.1K

Buyers (Bids)

No. Vol. Price($)
12 160318 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 16716 1
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.