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hlncapital

MGX pressure building at resistance

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MOUNT GIBSON IRON LIMITED (ASX:MGX)  
hlncapital  
ASX:MGX   MOUNT GIBSON IRON LIMITED
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Today marks the 4th day the SP has hit 72 and not been able to break though the resistance. THere looks to be a possible bullish fpennant on the daily though and the trading range is narrowing, so I suspect a breakout is not far away.
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