May 13, 2025, 11:08 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MGK
- Buy MGK near 332.83 target 358.24 stop loss @ 331.87 Details
The technical summary data tells us to buy MGK near 332.83 with an upside target of 358.24. This data also tells us to set a stop loss @ 331.87 to protect against excessive loss in case the stock begins to move against the trade. 332.83 is the first level of support below 342.266 , and by rule, any test of support is a buy signal. In this case, support 332.83 is being tested, a buy signal would exist.
- Short MGK slightly under 358.24, target 332.83, stop loss @ 359.27 Details
The…
May 13 2025
