Monday, January 21, 2019

MGT - Strong Quarter Results triggered the Bulls

Better than expected Quarterly performance brought positive sentiments into MGT today. Better than average volumes paves the way for a Trend Continuation which will retest 11/-, which was a level that was tested in November. Due to this bullish reversal, we can trade based on the Idea given below.

Buy - 9/50 to 9/70
Sell - 11/-
Stop - 8/90
Please stop the loss, without blaming anyone.


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