MEG trade ideas
MEG - DEEP CUP FORMATION WITH A NON EXISTENT HANDLENYSE:MEG
MEG has formed a cup pattern but is missing it's handle. Historically and from experience there is more chance for a sharper pull back. None the less, being in a buy zone in the 34 level. Profit targets are set at around 40, and will look for affirmative price action in the coming weeks.
$MEG is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Montrose environmental was one of the first to see environmental responsibility as not just an imperative but as a strategic asset. They are well ahead of the curve in applying the latest technologies in practical ways to solve difficult environmental challenges.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $18,5;
take-profit — $26,50;
stop-loss — $16,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Strong volume and clear direction on closeMay have a gap up day tomorrow based off the strong volume and direction coming through on the close despite the rest of the market getting faded
