Mar. 30 at 12:06 PM
$MAGS has a short history, but it's fun to know where Mega 7 is. This is the first time since its launch that it has closed below the W-EMA60 line. I don't plan to buy right now as my cash budget is limited, but I plan to buy
$MAGS and
$MAGX when it approaches M-EMA20/453 based on QQQ. I will buy MAGS in my long-term portfolio account and invest in MAGX for scalping purposes. The depth of the decline is unpredictable, but when it bounces back, Mega 7 is the first to bounce back like a spring. This has been proven over the years.
I don't trade like I used to, but in the past, whenever I invested in obscure companies and suffered big losses, I recovered my losses several times with
$FNGA(FNGU)
$SOXL. Anyway, I can have infinite trust in Mega7 because it is a company that never betrays us.