- BULLISH MOMENTUM BUILDING
- ASSET CLOSE TO BREAKING OUT OF DOWNTREND
- PRESSURE BUILINDG AT RESISTANCES FOR STRONG MOMENTUM INTO XMAS/EARLY NEW YEAR.
MG currently belongs to the Top 100 most (monthly) volatile stocks, and is so within very healthy boundaries and calculable formations. Those looking for a low risk short-trade, this is it. Smooth sailing to $10 or lower within 2-4 months.
Formation: Left-handed closing wedge (failed)
