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39.0¢ musgrave minerals limited

MGV could also run it's own race, its down 50% and a rally to...

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23/12/20

13:18

Post #: 49779681
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Originally posted by Harley64: ↑

I think the last 5 months or so have been very tough for the whole sector. I was looking at the GDXJ (hourly chart). I know it represents producers but gives an idea of the sentiment in the whole sector. IF it can kick up from here then we might have a higher high and a higher low, so IF that happens the end of the correction may be in sight. Trendlines are arbitrary. I also hold advanced explorers/producers like ALK, DEG and their charts all look similar. DEG in particular is still trading well below the last CR price.

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MGV could also run it's own race, its down 50% and a rally to the upside is due.

MGV Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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