Magnite, Inc.Long
MGNI Bull flag on the weekly, daily looks very good
MGNI You can clearly see we are still in the long uptrend channel (blue lines). I bought in 2019 Telaria & Rubicon before they merged into MGNI. Averaged at 5s, but scaled out profits when the red and blue lines came together in the 55-60s. Here you can clearly see how to predict tops on a weekly timeframe. Entered position again at lower uptrend blue line of the channel. Will buy more if it ever hits the white line again, since I expect a rejection at the yellow downtrend line.
Also clear bull flag on the weekly as well as daily looks good. Add to positions on the blue and white uptrend lines. Yellow down trend line might act as resistance for now.
Also clear bull flag on the weekly as well as daily looks good. Add to positions on the blue and white uptrend lines. Yellow down trend line might act as resistance for now.
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