MGX is on the cusp of a major breakdown in SP. It's been looking sickly for the past few weeks forming a base at 0.50, which has now turned into key support, with any downside break ominous going forward. Weekly momentum should turn INCREASINGLY BEARISH on the break, and could poss be violently sold into.
Once the 0.50 support level breaks, should prob see waves of Bearish sellers enter over the next several weeks to months imo. Prob a good one to short very soon imo.. GLTA.
MGX is on the cusp of a major breakdown in SP. It's been looking...
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $63.37K | 214.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 504419 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 386734 | 16 |
View Market Depth
| Last trade - 15.36pm 27/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
