Rinehart
Long

MGIC (MTG) long based on 50 fib pull back and VSA

NYSE:MTG   MGIC INVT CORP WIS
35 1 1
Price has pulled back to the 50 fib and Ultra high volume zone produced in 2013             . It is acting as support.
Trade closed: stop reached: Trade closed at $9.99
So far so good, impulsive move higher and now price is consolidating before the next move.
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