Long
MGI LONG

MGI might present a long swing setup here
* Recent pullback to MA50
* Touches both lower Bollinger Band and previous resistance/support zone around 6
* Price around 50% fibo of the wave up.
* Recent pullback to MA50
* Touches both lower Bollinger Band and previous resistance/support zone around 6
* Price around 50% fibo of the wave up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.