MQG @ 4 NOV 2021
Text me if you have any questions/comments for me.
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MQG
- Previous analysis was done on 23 Sep (red arrow) -> Suggested entry around $178 levels if believe the stock can create new all-time highs
- Since then, the stock tested the $182 resistance for 2 weeks before breaking out strongly
- The stock has also had a weak test of the short-term support and has successfully rebounded
- If you have taken the recommendation, you would in profit of around 13% after 6 weeks -> the returns strengthen the previous analysis that the stock fits investors/traders with a more conservative risk appetite
- Currently, a good setup for entry has presented itself
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock can create new all-time highs
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MQG
- Previous analysis was done on 23 Sep (red arrow) -> Suggested entry around $178 levels if believe the stock can create new all-time highs
- Since then, the stock tested the $182 resistance for 2 weeks before breaking out strongly
- The stock has also had a weak test of the short-term support and has successfully rebounded
- If you have taken the recommendation, you would in profit of around 13% after 6 weeks -> the returns strengthen the previous analysis that the stock fits investors/traders with a more conservative risk appetite
- Currently, a good setup for entry has presented itself
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock can create new all-time highs
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