MAGNETITE MINES LIMITED.
Long
Updated

MGT Long

494
Bought into MGT today at 0.015.

STOP LOSS between 0.013 - 0.012

Resistance level expected at about 0.028

FIRST TARGET = 0.018

CONSERVATIVE TARGET = 0.028

AGGRESSIVE TARGET = 0.035
Trade closed: target reached
Closed position at 0.035 for a 130% profit.

I anticipate that this stock will possibly hit 0.040/0.042 and begin retrace once this target is reached.

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