$MAGMA is bouncing back after a long drop. Price is at $0.3288. A few days ago it was at $0.2225, and it has gone up about 48% from there. Volume was big on the jump, and it is smaller now.
Two prices to watch:
Up: $0.3608. This is the recent high. If price goes above it, it can go higher, toward $0.4000.
Down: $0.2750. This is where the jump started. If price goes below it, it can drop back toward $0.2225.
For now, the up side looks a bit stronger. If price stays above $0.2750, buyers are still in control.
Two prices to watch:
Up: $0.3608. This is the recent high. If price goes above it, it can go higher, toward $0.4000.
Down: $0.2750. This is where the jump started. If price goes below it, it can drop back toward $0.2225.
For now, the up side looks a bit stronger. If price stays above $0.2750, buyers are still in control.
