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.
İşlem kapandı: hedefe ulaştı
Target hit. Hope you have took the trade and made profit.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.