MCG made a bearish pin bar with volume on Friday, first bearish pattern since the announcement that Vivendi bought shares in MCG. A break of the lows of R122 triggers the short idea with stop loss close above R125 with targets at R116 and full target is the gap close at R103.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.