MGX 1.18% 43.0¢ mount gibson iron limited

retesting 52 week low

  1. 246 Posts.
    Chart indicators suggesting a further drop in SP to test again the 52 week low of .655. If this occurs a double bottom will form; which may provide a bounce in SP north to .75. LT holders will have a great opportunity to add to their positions in a very sound company at bargain prices. As a swing trader it presents me with a low risk entry/trade.
 
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