MGV 2.74% 35.5¢ musgrave minerals limited

Nice Hit, page-43

  1. 85 Posts.
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    Yes would like expert opinion. On the daily (attached, semi-log), my uneducated interpretation is the positive action of 2.5 weeks ago was a breakout - however price is consolidating around the breakout level so it is not yet confirmed whether the rise will continue. If the gap is a breakout it does not have to be filled. However there are lots of similar previous actions on this chart where the gap was closed and in fact price declined again. Will this time be different?
    MGV daily.PNG
 
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