MEGL all setup and ready for a “Bollinger Band Squeeze” - it’s now not a question of if, but a question of when. Plenty other good trades but, this one I’ve been anticipating as I refused to sell.
$Magic Empire Global (MEGL.US)$ it’s always funny when you question wtf is tsking so long until the (obvious) larger picture is in front of one. The price action should look like the crayon sketch below, whenever it begins… Certainly appears near imminent. Good play to get in at the “ground floor” especially if you are just jumping in now without having to hold previously.
yes, this is a trade I have been”handcuffed” to as I stubbornly will not let myself sell a position at a loss when I know the chart set up WILL GENERATE GOOD GAINS..
*keep in mind a Bollinger band squeeze has nothing to do with a squeeze on short interest
BOTTOM PHOTO SHOWS CLOSE
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RIPPER OP : Praying this is not a final round of consolidation, and it’s the start…
RIPPER OP : HKD is next
ricko : jumped on MEGL yesterday when you alerted us
RIPPER OP ricko : Glad you did… I’m surprise because I don’t even remember what I wrote yesterday… If anything this morning’s topic was more descriptive of the situation
Louisa : This trend is like a mountain road with ups and downs
ricko RIPPER OP : Bollinger band
RIPPER OP : Looks like it might be exactly what I was hoping it was not… One more round of consolidation atleast for a HKD
102231032 Louisa : This trend is at a high level; there will be a correction in the medium to long term
102231032 Louisa : Do shareholders also hold this ticket?
RIPPER OP 102231032 : ?
What?
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