whitejade

MGI looking to bounce here and go up!

Long
NASDAQ:MGI   None
After reaching new highs MGI made a major need I say healthy correction.

Positive notes:

Several new partnerships (biggest including xrp/ ripple 30mil and another possible 20mill.
Next earnings should see a major green light

Currently, MGI is sitting in oversold territory on the daily. $3.50 looks like a great support level.

Based on the previous chart patterns I expect MGI to continue in a bull rally.

Hitting $10 by the end of the year is not out of question.

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