Disclaimer


This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

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Friday, September 29, 2017

$MEG Study 20170929

$MEG Daily Chart as of September 29, 2017
$MEG Daily Chart as of September 29, 2017
Notes:
1. CCI manages to bounce at that support zone.
2. MACD is above zero line confirming the uptrend.
3. Price is perceived to move along those channels. If this is true, it is still a good time to make a position.
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