MGL looks promising to sell below 1182

Jul 13, 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.

Jul 14, 2021

Trade closed: target reached

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

Let me know in comment.