ositrades

MGX for the double bottom win - W

Alış
ositrades Güncellendi   
ASX:MGX   MOUNT GIBSON IRON LIMITED
Two bullish chart patterns I am looking at with MGX. A double bottom on the weekly and a cup and handle on the 4 hrly. Double bottom is likely in play already. Awaiting break out of the cup and handle. A medium term target of $1.00 around April time. I think if Chinese demand plays in to this earlier, we might see it sooner.

For the time being, looking at break out of $0.675 for this to pump.

DYOR and trade at own risk.
Yorum:
Looks like we are popping the channel! That would confirm the C&H.
İşlem aktif:
We did pop on the 4hr chart. This is on.
Yorum:
Expecting a pullback to $0.585 and then a shot up to C&H break level
Emir iptal
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.