MGI: A Hidden Upside in an Incoming Bear Market
The saying always goes: there's always a bull market somewhere. And that is certainly true.
With a bear market furiously looming for the general indices it is important to properly diversify your portfolio - even into stocks that you may not have heard of, thought of or intended on investing.
MGI has a decent balance sheet with a ton of gaps to fill all the way up to at-least the 7.00-8.00 range and is therefore a buy. With strong momentum recently, a break-out past the strong resistance of 3.87 has already happened and therefore, a sharp break-out is virtually inevitable.
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With a bear market furiously looming for the general indices it is important to properly diversify your portfolio - even into stocks that you may not have heard of, thought of or intended on investing.
MGI has a decent balance sheet with a ton of gaps to fill all the way up to at-least the 7.00-8.00 range and is therefore a buy. With strong momentum recently, a break-out past the strong resistance of 3.87 has already happened and therefore, a sharp break-out is virtually inevitable.
- zSplit
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