Metro Retail Stores Group, Inc.
A Bearish Doji Star pattern formed up on MRSGI near its downtrend resistance line after the recent rally. This is a bearish reversal pattern but still needs confirmation.
Trading Plan
- Avoid for now and wait for a pullback near support or breakout from its downtrend resistance line (with volume) before taking any position.
- Potential BUY near its support at 2.95.
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