MAGNOLIA OIL & GAS CORPORATION

MGY NYSE

Champion-Vibe

LONG-TERM: Resistance flipping into support with hidden bullish divergence on the 4hr and daily. (Not financial advice)

FocusWithin

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TaPlot

Well defined chart pattern. Weakness tomorrow will break support trend line and set the stage for the next leg down.

majesticsteve

Two scenarios can play out here, more than likely (bullish scenario) plays out 1. (green line) we blast through 6.48 and we reach $7-8+ 2. (red line) we test 6.48 and reject... test 5.47 or 4.65 then BOUNCE BOUNCE!

mohamed.tharwat.elsherief

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.

Correction

MGY