MGI looking to bounce here and go up!
After reaching new highs MGI made a major need I say healthy correction.
Positive notes:
Several new partnerships (biggest including xrp/ ripple 30mil and another possible 20mill.
Next earnings should see a major green light
Currently, MGI is sitting in oversold territory on the daily. $3.50 looks like a great support level.
Based on the previous chart patterns I expect MGI to continue in a bull rally.
Hitting $10 by the end of the year is not out of question.
Positive notes:
Several new partnerships (biggest including xrp/ ripple 30mil and another possible 20mill.
Next earnings should see a major green light
Currently, MGI is sitting in oversold territory on the daily. $3.50 looks like a great support level.
Based on the previous chart patterns I expect MGI to continue in a bull rally.
Hitting $10 by the end of the year is not out of question.
Disclaimer
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.