weekend charting 29-01-10, page-155

  1. 2,311 Posts.
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    10cents,

    I liked your MGX chart. Mine shows very overbought and pushing down hard on the bottom bollinger band.

    MGX has had a really solid, long term bull trending run, so should bounce back well. Hopefully 1.385 which was the last swing low point will hold as support.

    Thanks once again for charting and if the saying is true that the trend is your friend, then MGX should be heading back up shortly.

    cheers
    Ange
 
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