MGA short possibility
MGA is on short list because of possible monthly false breakout and correction to weekly support. On daily chart we can see selling from high and that selling pace is stronger then buying pace in to high. Idea is equal move and move to 50/100sma support area. On the 60 min time frame we can see that daily pattern but also, we can see 200sma area and it is important support area too. As usual, pace will tell us what we can expect for target.
tinyurl.com/ybfqnsp3
tinyurl.com/ybfqnsp3
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