MGXMF MXG Minerals Trade Analysis

٢٤ يناير ٢٠١٨A 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.