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ASX stock Analysis MGX
Time Frame : Weekly Chart
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Watching for Buy Entry Setup
MGX is very strong on the longer term weekly timeframe as buyers start the march higher off a higher low (75 cents). The 60 cent level was key support and the move off a dollar (in our trusty two stages) has cleaned out a lot of buyers. We are now watching the lower timeframe daily chart for the higher low and buy entry setup.
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Stock : ASX stock MGX
Current Price : 0.89
Status : On watch for a move above 1.00
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