MCG macquarie communications infrastructure group

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  1. 2,541 Posts.
    Another nervous night at the top of the rectangle. Took 1.3rd down at the auction. If it gaps up at the open it will be up all day. any time inside the rectangle leaves us at risk of a revisit of $2.89, particularly if the SPX has a nasty night.

    Still a pennant on the hourly, so its not too bad. Also a tiny break of the 45 day RSI horizontal resistance.

    Once the rectangle breaks upwards the rewards will be good and fast.
 
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Currently unlisted public company.

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