Long
Is this looking all that bearish for MGI ???
The recent price action has been some kind of discourageing .... After hitting a temporary high in the high 6 USD the price has come back all the way down to around 2.50 loosing more that half of its value.
The price has broken support after support, showing an apparently very weak behaviour ...
On the other hand the price has been playing ping pong in a very steep falling wedge which could be seen as a BULLISH wedge (shown in the white colour).
Moreover a beautiful cup and handle formation is drawing its way on the chart (red colour cup).
Is it looking all that bullish for MGI ??
I think not at all.
The price has broken support after support, showing an apparently very weak behaviour ...
On the other hand the price has been playing ping pong in a very steep falling wedge which could be seen as a BULLISH wedge (shown in the white colour).
Moreover a beautiful cup and handle formation is drawing its way on the chart (red colour cup).
Is it looking all that bullish for MGI ??
I think not at all.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.