MGX 3.17% 30.5¢ mount gibson iron limited

Hi niclouIm not sure that the rights issue means diddly . Its...

  1. 150 Posts.
    Hi niclou

    Im not sure that the rights issue means diddly . Its more than a coincidence that the pattern forming over the last 3 days is a bullish continuation pattern with the reversal day on or about the same time as other fundamentals come into play in the next day or two.

    MGX loves to gap up and down so a gap up tomorrow or Wed will further confirm todays bullish morning star/doji.

 
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