whitejade

Falling Wedge (Continuation signal!) BULLs on MGI

Long
NASDAQ:MGI   None
Hi there! We just completed a major uptrend and we're currently looking at a falling wedge. What does this mean? It's a good sign that our uptrend will continue in the near future!

Basically, bulls are taking a break as the price consolidates here! This makes for a great time to buy and/or set your limit buy above the top trend line. This will allow for your purchase before the uptrend continues!

I hope this is helpful!

This is not advice. This is just how I make a living.

Cheers!

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