A Bullish Flag & Pole pattern is visible on the daily chart of MGL after consolidation of around a month.
Daily MACD have given negative crossover on 12'Feb 24 and it is turning to bullish. On weekly and monthly charts the MACD has already given a positive crossover. So, expecting the momentum to continue.
All the Levels with proper stoploss mentioned on the chart are for educational purpose. Consult your financial advisor before making any investment decision.
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.