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MGI looking to bounce here and go up!
After reaching new highs MGI made a major need I say healthy correction.
Positive notes:
Several new partnerships (biggest including xrp/ ripple 30mil and another possible 20mill.
Next earnings should see a major green light
Currently, MGI is sitting in oversold territory on the daily. $3.50 looks like a great support level.
Based on the previous chart patterns I expect MGI to continue in a bull rally.
Hitting $10 by the end of the year is not out of question.
Positive notes:
Several new partnerships (biggest including xrp/ ripple 30mil and another possible 20mill.
Next earnings should see a major green light
Currently, MGI is sitting in oversold territory on the daily. $3.50 looks like a great support level.
Based on the previous chart patterns I expect MGI to continue in a bull rally.
Hitting $10 by the end of the year is not out of question.
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