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esteban

Long MEG from a 200-day EMA pullback

Long
PH/MEG (QUANDL:PH/MEG)  
esteban  
QUANDL:PH/MEG   PH/MEG
MEG pse
3
0
meg pse
Looking at the weekly timeframe, the price is now above the 20-50-200 EMAs indicating a strong uptrend.

My stop loss would be 3.82.
I'll take my profits at 5.48, 6.00 and 6.83.

Good luck!
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