MGL-Retesting of multiyear ATH breakout
MGL is a PSU stock in gas distribution.
Stock had given good move after multiyear ATH breakout and is currently retesting the breakout.
A safe stock for long term investors available at reasonable valuations.(Not a recommendation)
The only risk with gas distribution stocks are margins are dependant on crude oil prices.
Stock had given good move after multiyear ATH breakout and is currently retesting the breakout.
A safe stock for long term investors available at reasonable valuations.(Not a recommendation)
The only risk with gas distribution stocks are margins are dependant on crude oil prices.
Note
6% up today :)Note
1700 from 1300 in just 1 monthNote
1850 done from 1300
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