MGCC was chosen as you can see from this chart that it has a forms a base at around 86c before going higher to 96c then coming down to its support at 89c. Thus it forms a higher low. Although it looks like having a cup and handle pattern, this may be negated if it consolidates around 89c.
The reporting date for this company is on 31 Oct. As expected they are giving put Dividends of around 3c which will bring abt a fair value of 96-98c. Thus in my opinion, we can load on this counter,
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