MGXMF MXG Minerals Trade Analysis

24 gen 2018

A current trade of mine that I'm publishing to see how it plays out. Very bullish stock at the moment in what looks to be in wave 3 of a grand cycle with this being wave 1 completing of this first impulse. I'm watching price very closely at this moment to see if a correction will play out in my favour. It has also formed a cup and handle on the weekly where it is ready to break trough the cup and form the handle, another bullish sign in my view.




Disclosure - I'm totally a novice trader learning Elliot wave theory and technical analysis. These are just my ideas/current trades, this is in no way shape or form financial advice. Thanks for viewing.