MGX 1.14% 44.5¢ mount gibson iron limited

MGX is on the cusp of a major breakdown in SP. It's been looking...

  1. 601 Posts.
    lightbulb Created with Sketch. 28
    MGX is on the cusp of a major breakdown in SP. It's been looking sickly for the past few weeks forming a base at 0.50, which has now turned into key support, with any downside break ominous going forward. Weekly momentum should turn INCREASINGLY BEARISH on the break, and could poss be violently sold into.

    Once the 0.50 support level breaks, should prob see waves of Bearish sellers enter over the next several weeks to months imo. Prob a good one to short very soon imo.. GLTA.

    181206_MGX_W.jpg
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
0.005(1.14%)
Mkt cap ! $540.6M
Open High Low Value Volume
44.5¢ 44.5¢ 44.0¢ $76.79K 173.8K

Buyers (Bids)

No. Vol. Price($)
18 254570 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 375627 10
View Market Depth
Last trade - 14.32pm 07/05/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.25 %)
Open High Low Volume
44.0¢ 44.5¢ 44.0¢ 32302
Last updated 12.31pm 07/05/2024 ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.