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TraderEugene_
Jun 2, 2021 10:27 AM

MGA - ascending triangle formation. 100.00 breakout  Long

Magna International, Inc.NYSE

Description

Nice looking technical formation. Breakout + Volume increases. Holding 20MA and 50MA.
Stop Loss 96.00, may consider to cut some loses if it drops under 100.00.
Take profit 110 - 115.

Trade closed manually

Position closed -2.4%. Do not like the price action.
Comments
wyosif
What do you thing about MGA today is the bullish trend will continue?
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