MGL FOR LONGTERM INVESTMENTHI TRADERS.,
1. overall MGL stock traded in sideways trend last 3 years ..,now MGL traded in bottom of the sideways zone (accumulation zone).,
2. usually big players accumulate stocks at zone areas.., once done that accumulation it will start trending
3. its for long term investment
buy at current market price target of 1250
stop below 680 weekly close basis
4.target period 6 - 8 months
