$MGT Long

MAGNETITE MINES LIMITED.ASX

Description

⋅ Feb 1, 2022 10:25 AM

MGT

Magnetite iron ore play in South Australia with 5Bln tonnes.

-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart

Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035

Trade closed: stop reached

⋅ Mar 3, 2022 7:28 AM

Stop reached. But may be sizing up here for another go.

Comment

⋅ Mar 3, 2022 7:29 AM

Still on at marco 618 fib reversal zone

Trade closed manually

⋅ Mar 15, 2022 5:39 AM

Comments

MukhtarHD

⋅ Oct 17, 2022 1:22 PM

lol..

Maxtoday123

⋅ Feb 10, 2022 11:03 PM

Looking at this graph, there's a shallow cup % handle situation with a positive pvi. It really needs to push around the 0.043-0.045 boundary to actually go bonkers.