MRSGI Price Action Analysis

Metro Retail Stores Group, Inc.

MRSGI's price action is moving in a 5-month Downward Price Channel and is now hovering the major support at around 3.6 (3.5~3.6 support zone).

Trading Plan

- Potential buy or accumulation around the support zone (position trade). This is a medium term setup.

- Set Stop-Loss on breakdown from support zone (a few points below 3.5).