MGL looks promising to sell below 1182

13 de jul. de 2021

MGL

Today MGL RSI shows bearish divergence. Couldn't break the 1190 resistance levels.
Stock was trading sideways and with a bit higher high formation but the RSI was making lower highs. This is a sign of weakness in stock.
Stock is not ready to go up at this moment. One correction is still required.

Keep tracking of this stock for tomorrow [14/07/2021] as MGL looks promising to sell below 1182. Target level are marked in Green line. But don't forget to keep stop loss at 1190 level.

14 de jul. de 2021

Trade fechado: objetivo atingido

Target hit.
Hope you have took the trade and made profit.

Let me know in comment.