mohamed.tharwat.elsherief

MGY: Daily Breakout with strong volume

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NYSE:MGY   MAGNOLIA OIL & GAS CORPORATION
MGY is in strong bearish trend in the weekly time frame. However, the stock has been establishing a good base in the daily time frame. The daily breakout was accompanied by strong volume .

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real breakout is today! we see $8 imo! planes flying, planes need fuel... stocks flying!
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