MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

Draw a fib retrace using the breakout on 8/11 of $ 1.44 as the low point and the high of 8/31 of $ 4.26 as the high point. this will lay out retrace lines of .386, .50, .618 & .786 which will lay out a picture of how the pullback has nestled itself into these levels. Its pretty telling &, if you accept the proposition that the big boys out there trading a hot moving puppy like this stinky are generally governed by fib level targets as pivots and/or retrace levels, it is easy to predict the short term future prices you can expect.

Thats my thought on this stock.

note that its sitting at right about the 786, isn't it?

Imperial Whazoo

GLTU