Bullish potential detected for MQGDetected 21-Jun (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 21-Jun.
ASX:MQG represents a potential bullish opportunity should momentum continue and newer highs be made.
Entry conditions:
(i) higher share price along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the low of 21st May (i.e.: below $194.96), or
(ii) below the support level from the low of 24th April (i.e.: below $190.50), depending on risk tolerance.