1. MGL has been respecting the channel for a while.
2. It is close to two important resistances; one the upper trend line of the channel and the second is the 52 week high.
3. if it crosses both, a rally may be seen in MGL.
4. The volume suggests MGL is gearing up for the same.
2. It is close to two important resistances; one the upper trend line of the channel and the second is the 52 week high.
3. if it crosses both, a rally may be seen in MGL.
4. The volume suggests MGL is gearing up for the same.