Shared by
aristocks
Tags:
Looked at $MGA
Prime for a bounce and like the price below 100$
It looks like its forming a coup and handle over a week. Will keep a tide stop in case will trend down but I believe Canada is a bit better position to weather the chip shortages than US.
Did not hold resistance but refused to sell. That was a mistake as the market turned red and got called out on my margin. Still kept 500 shares as the market is rebounding, but looking closely to make sure will trade it properly this time.
It reach some big resistance at this moment, so I am incline to stay on it, but short term trend is still on the downside. Will see what happen next week.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-06-24 11:08:00 | MGA | 1000 | $95.000 | 1000 |
| 2021-07-19 08:35:27 | MGA | -500 | $82.544 | 500 |
| 2021-10-12 00:00:00 | MGA | -500 | $84.140 | 0 |
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