MTG: Confirmed Monthly Dark Cloud Cover at PCZ of Bearish ABCDA Dark Cloud Cover will be confirmed on the Monthly in about half an hour at the PCZ of a Bearish ABCD Pattern with MACD Bearish Divergence.
MTG trade ideas
What to look in MTG? Hello Traders, MTG just broke out from the area of Support/Resistance and I'm just waiting for a pullback and appearance of strong bullish candle "within" the area of support before I enter a position.
“The stock market is designed to transfer money from the active to the patient.” - Warren Buffett
Bearish Gartley PCZ reached with Triple MACD Bearish DivergenceI have identified triple MACD Bearish Divergence on the daily timeframe after hitting and briefly exceeding the PCZ of a Bearish Gartley.
Entry: $12.5 - $13
SL: $14
TP: $5
MTG BullishI like the MACD starting to cross and that MTG expanded its range yesterday. In my opinion yesterday's candle is very bullish if it can stay above $10.76
Falling bellow that may create a double top scenario in which case it will likely retrace down the Fibonacci scale.
First taregt 11.66
MTG Ready for Breakout!Been watching MTG the past week, bought in yesterday at $7. Lots of potentials. Aside from the technicals looking solid - testing resistance 3 times with climbing support in decent volume on no news. MTG just released a "new deck" of cards in the US. It sounds like sales are crushing and they also announced their first-ever online Cash Tournament. This tournament allows for multiple buy-ins and I see the turnout being HUGE. I know nothing about Magic Cards but after doing more research, it looks like they have multiple streams of revenue to make money and the game has been around since 1993. Still going strong! The company not only makes $$ off the physical decks, but players ALSO have to buy cards online if you want to play in the online arena. Interesting company and product here. Will be keeping an eye on!
MTG - Buy SIgnalStop @ $13.54, 10 day low. Uptrend. Earnings winner. Range Expansion. 0.2% of capital at risk.
MGIC Investment Corporation Announces $200 Million Share RepurchMTG: MGIC Investment Corporation
2019-03-20 16:15:00
MGIC Investment Corporation Announces $200 Million Share Repurchase Program - PR Newswire
MTG Magic Investments. Bull RunMTG gapped up and making a run to 15.5. Made money last quarter and for higher highs. Next target R2 at 13.25, then R3 at 14.06
$MTG Looking to Move HigherChoppy intraday chart, but the daily chart looks like this recent earnings momentum play could start moving higher. I have done no research into this company. This is pure observation based on technical analysis alone (support and resistance).
MTG Detected possible stock repurchase!!!MTG: mgic investment corp
2018-04-26 16:16:13
Detected possible stock repurchase
Is it breakout ready?Interesting chart to say the leasr. Pay attention to resistance levels on the price action, MACD, and RSI.
This is not advice to enter a trade. I don not know where this is going. Could easily get rejected at the green RSI line
MTG PositionsMultiple positions for MTG, currently near consolidating state but might see further action upwards in the next week and month
MGIC (MTG) long based on 50 fib pull back and VSAPrice has pulled back to the 50 fib and Ultra high volume zone produced in 2013. It is acting as support.
MTG Bullish SwingDecent Gap today, retest gap at support level. Looking to play the retest. Ultimate target is 11.74
MTG double bottom and Crab patternPrice form a double bottom off an area of significant volume. Crab pattern matches nicely with other projections.
