MQG is trading with real strength right now and momentum focused traders would have this firmly on their radars
Chris Weston
Pepperstone
MQG is trading with real strength right now and momentum focused traders would have this firmly on their radars. The stock is trading three standard deviations from its 20-day moving average, while the 9-day RSI is at 80, which is the highest it has been since September 2013. There is the prospect the stock undergoes profit taking given the stretched nature of the price action, but the daily chart is a thing of beauty right now and pullbacks will be supported.
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Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market price action and advise on actionable trade ideas and investments in multiple asset classes.
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
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