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AsimMirzaTrader

MGR - Bullish Trade Plan

Panjang
MIRVAC GROUP (ASX:MGR)  
AsimMirzaTrader  
ASX:MGR   MIRVAC GROUP
Trend Analysis Chart Patterns Wave Analysis ASX asxlong asx200 asx200long MGR
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trendanalysis chartpattern waveanalysis asx asxlong asx200 asx200long mgr
MGR has bounced off from Support and the High Profile Volume Zone with High Volume, after breaking the Bearish Trendline, suggesting that the Bulls have now taken over and want to ride the price higher. MACD has also crossed with RSI coming out of the Oversold region. I belive that MGR has given a good buying opportunity.

TP1 - $2.53 (potential 10% gain)
TP2 - $2.73 (potential 18% gain)
Stoploss - $2.10

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Penafian

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