TaPlot

$MGPI pulling back to breakout support

Long
NASDAQ:MGPI   MGP Ingredients, Inc.
Picked up few shares today on the pullback to 5 month rectangle pattern support (broken resistance becomes support). Will the stock bounce from here? I have no idea, but what setups like this take place, you take them and then let the market does what it wants to do :).

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.