Normal
I have been very surprised to see MGX share price languishing over the last number of days even though the iron ore price is powering upward. Looking at the Twiggs weekly Money Flow there has been an outflow starting in April and continuing into May and June. The SP has fallen under the 21dsma and it looks as though the 21dsma may be about to cross below the 50dsma in the next day or two. Possibly adding more downward pressure.[ATTACH=full]95495[/ATTACH]
I have been very surprised to see MGX share price languishing over the last number of days even though the iron ore price is powering upward. Looking at the Twiggs weekly Money Flow there has been an outflow starting in April and continuing into May and June. The SP has fallen under the 21dsma and it looks as though the 21dsma may be about to cross below the 50dsma in the next day or two. Possibly adding more downward pressure.
[ATTACH=full]95495[/ATTACH]
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