$MGO

Market Event: Shallow retracement held above support after prior expansion.

Momentum Implication: Momentum remains constructive despite minor cooling.

Levels:

• Entry Price (EP): 5.95 – 6.20

• Trade Target 1 (TG1): 6.80

• Trade Target 2 (TG2): 7.45

• Trade Target 3 (TG3): 8.20

• Stop Loss (SL): 5.55

Trade Decision: Favor continuation entries near defended support.

Close: Structure remains bullish while 5.60 holds.

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MGOBSC
MGO
0.020406
-2.02%