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MGC's resistance around 273.805
Watching $MGC closely here; it's hit resistance around 273.805 today, and if it fails to convincingly break above that, then I'd be looking for a retest of the lower 270s. A clear daily close above 275 would invalidate that short-term thesis for me.
1 comments · 19 points
It's hitting resistance, but I'd be more focused on the volume behind those probes. Low volume rejections around 273.805 might not be as significant as they appear on the chart.