Magnolia Oil & Gas Corporation MGY

AnaBloemkool Pro

I like how MGY looks here. In uptrend since Nov 2020, corrected more then 30% from ATH but now after strong earnings is looking to come back. Stop loss 10% down from here.

vf_investment

We are expecting the price to continue the uptrend and retrace to the 78.6% Fib Zone. The Stochastic Oscillator shows the stock is oversold, which indicates a probable pull back to the upside. Also, the price is currently at the lower part of the Keltner Channel, therefore we are expecting it to bounce back and create a higher high. Entry: 24 Invalidation:...

TRADER-WANNA-BE

ENTRY: 21.81 SL: 19.27 TP1: 23.83 TP2: 24.53 - ADX>20. - Maintaining at pivot point "P", HVN level and 38%/50% fib level. - Wash and rinse pattern on 8 and 9 Feb 2022. - Strength meter is green hence some strength. - Watch for earnings on 16 Feb 2022. Oil prices are at a high hence earnings should be good. - Entry based on breakout from VZ today but prefer it...

ChowskiPicasso

Crude oil looks like it wants to go higher so I took a position in MGY as my energy play. I will trail my stop until I get stopped out. Expected target is $26.55 and from where I bought in, that is a 18.37% profit potential with a 2.59% risk. Got the expected target of $26.55 because MGY looks like a bull flag breakout.

demirmete514 Pro

Judging the 18.36 support is working quite well and in line with my bullish energy industry sentiment, I just added more MGY @ $18.42 to my portfolio.

Champion-Vibe Premium

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

FocusWithin Premium

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TaPlot Premium

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

mzombie2

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 Premium

MGY