MTGX is first on Barron's "stock picks". This small biotech company is partnering with J&J. The Mac D shows a reversal from its run up last week. The RSI needs to drop down. Using the fab retracement tool we can predict that support will be found around 13.90. Once support is established this will setup for a bullish flag on the 5 min. The 30 minute is setting up nicely for a breakout from the symmetrical triangle. News + TA + Sector Analysis is setting up MGTX very well.
This is not financial advice. Leave feedback/comments please!
This is not financial advice. Leave feedback/comments please!