MGLU3 long term parallel channel is nearBMFBOVESPA:MGLU3 after 13 days correcting, MGLU has found the long term trendline since November, 2017. Traders are looking for a signal of reversion in this buyzone.
MGLU3 trade ideas
MGLU3 Target to Buy
Low setting with support at 131.40
Possible breaking above 132.60
would leave resistance at 134.30 again and would make default high in the short term by adjusting the lines and resuming the trend above 135.05 to fetch new tops
Ajuste na Baixa com suporte em 131.40
Possivel rompimento acima de 132.60
deixaria resistencia em 134.30 novamente e tornaria padrao de alta no curto prazo, ajustando as linhas e retomando a tendencia acima de 135.05 para buscar novos topos
MGLU3 potentialNeutral scenario, potential breakout points shown, also some clear short-able supports
