MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

I'm not even thinking about predicting the prices of the events to come. The best I can do is read the chart with an eye to volume as the "tell".

Right now, I have a Fib retrace matrix overlaid on my chart. It all depends on the exact low end of the line, because the top end is pretty plain. So, depending on the exact lower end, the price retrace thus far is this: we are sitting at the .382 retrace (I am drawing the retrace in such a way that $3.20 is the 382 retrace). The .5 retrace is, as it happens, smack dab at the low of the retrace that just happened earlier today.

Now, I have no idea about whether a Fib retrace applies here, but it is cool that, as of this minute, its looking like the people slapping this stock around are behaving as though they have the Fib retrace matrix up and are using it to guide them.

just saying....

Imperial Whazoo