Crossroads for MGTI. It could go either way. Obviously right now it looks like its recovering and that MGTI is taking the purple stairs to follow the parallel blue trend line. However this could be a fake out and we could see the price test 2.75 again as early as tomorrow.
If I had to guess I would say it is forming a new support base and will climb higher, but only time will tell.
If I had to guess I would say it is forming a new support base and will climb higher, but only time will tell.
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