ASX stock Analysis MGX

ASX stock Analysis MGX

Time Frame : Weekly Chart

Watching for Buy Entry Setup

MGX is looking very healthy on the longer term weekly chart as buyers soak up the recent selling pressure and start the march higher. We are now watching for a minor squeeze lower on the weekly timeframe to build a higher low and will be watching the daily chart for confirmation and the buy entry setup.

Stock : ASX stock MGX

Current Price : 0.97

Status : On watch for a move above 1.00