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Jerm88
Sep 23, 2021 7:58 AM

MQG @ 23 SEP 2021 

MACQUARIE GROUP LIMITEDASX

Description

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MQG
- First time doing a written analysis on MQG
- Stock has a history of uptrend that is punctuated with sideways movements
- Usually, a low volatility stock that doesn’t have strong pullbacks (less than 10%)
- Stock would fit traders/investors who have a longer time horizon (ie. A few months)
- Recent test of the short-term support and subsequent rebound has provided a potential rebound entry
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of creating new all-time highs
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