All the MFG broker downgrades make me laugh, especially because they are all below current price despite chart turning very bullish this afternoon!
Lots of brokers probably (obviously) still need to close shorts lol...tick tock. Short melt up begins under $23.50.
Candles have moved inside the bollinger bands on the hourly chart time frame and a rounded bottom pattern is forming. Mid $2 later this week imho with a 9/21 ema cross.
MACD has crossed and RSI is strengthening but still below 30.
All imho dyor.
Cheers.
All the MFG broker downgrades make me laugh, especially because...
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 (20min delay)
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $8.31 | $8.41 | $8.20 | $12.67M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5667 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.41 | 15509 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |