Interesting Observation on Gas Stocks...
MGL: Stock retested its previous breakout level, and bounce back sharply. On the daily time frame, stock gave seven month old trendline breakout with highest volume. Beside this on the weekly time frame stock is about to give Flag pattern breakout.
IGL: On the daily time frame, stock breaks its recent resistance of 504 with highest volume after one month. Besides, this on the daily time frame, stock gave a seven month old trendline breakout and continued to form higher top and higher bottom.
