Guys, $MAGIC is looking weak after the rejection bears could push this lower if support fails.
SHORT: $0.0460–$0.0470
TP1: $0.0450
TP2: $0.0435
TP3: $0.0415
My followers, don’t chase the bounce. Lose $0.045 and the downside can speed up; reclaim $0.048 and I’d drop the short.
SHORT: $0.0460–$0.0470
TP1: $0.0450
TP2: $0.0435
TP3: $0.0415
My followers, don’t chase the bounce. Lose $0.045 and the downside can speed up; reclaim $0.048 and I’d drop the short.