Rise on the coming holidays Sell of after. MGI disributes new cashflow into new asset classes in 2020. Q1 correction short live continuation bull back to $10 bucks
Wait for a corrective bullish structure / pattern for a continuation in bullish trend.
Draw a straight line between your first two points. That is how I'm thinking. Great work
Bannedhammr
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@charvey63, First 3 points
Bannedhammr
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I was expecting a correction like this . Didn't happen. The way I see it once you pass 11$ you'll run to 18$ then 30$. You break 30$ and there is 0 resistance for 100.Watch for the 11$ breakout. I am leaning more everyday towards the fact this stock is not going to retrace 30% for a year . I am basing this off of previous levels and the harmonic playing out can be seen on 3 monthly and was 50$ move I believe
AschraM
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@charvey63, I see what you mean. I believe we can shoot up to that 800 MA, have some resistance at that $10 marker and those who haven't bought in around 2-4 at the moment can snag a little discount as it builds up more orders for more longs. Definitely a nice one to throw some cash in for the moments time i think :)
AschraM
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@charvey63, we did however finish with a new high for the week. Always a good sign ^_^