MGE is looking strong for a run to new highs

New Buy Entry Alert

 

MGE – Magellan Global Equities Fund

MGE is building for a move higher as buyers look to take control. The Exchange Traded Fund (ETF) aims to achieve attractive risk-adjusted returns over the medium to long term. We are happy to buy through 2.80 to take advantage longer term continuation to new highs. If price pushes below 2.70 prior to entry then we will re-assess the alert.

Stock Code : MGE – Magellan Global Equities Fund

Company Website : www.magellangroup.com.au

Current Price : 2.78

New Buy Entry (Trigger Level) : 2.80

Potential Sell Exit Zone (Stop Loss) : 2.70

Status : On watch for buy entry trigger