MGV - Chart, page-22

Also wanted to share a post compliments of @gamefisherman on STT Thread yesterday. He has good accuracy with his tipping.

Post #:18510615

"Musgrave Minerals (ASX:MGV) is a gold exploration and development company focused on Australia.

After the share price peaked around (8c-10c) between the 9-14^th June, traders were happy to lock in profits. As a result, downward pressure was strong enough to push the share price back to around what has turned out to be a strong support zone in the early to mid 6c’s. At the end of this period, I also noticed a flag type pattern which grabbed my interest.

Since late July/early August however, renewed interest in the Company has once again started to place upward pressure after a period of solid consolidation during most of July. With a strong overhead resistance zone around the 7c’s/early 7cs, a break through this with volume would be bullish and set the path for further gains.

Please DYOR as this is not a buy or sell recommendation.

Cheers
GF"