that is a very interesting chart. to my mind it appears that MFG has almost hit the long term support but it also shows an equally strong downward trend dating back to 2019 and they cross over. so what are you saying? the price has the potential to go either way? I can see arguments for it to continue on up gradually as it has done since 2007 or there are equally good arguments for it to follow the downward trend dating back to 2019. you could easily argue one way or the other. shorters got it right for sure and I got it wrong no doubt about it but I tend to think based on the arguments I have heard to the positive that it will return to the long term average so I like the fool am have averaged down.
MFG Price at posting:
$20.41 Sentiment: Buy Disclosure: Held
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