MAGS is poised for a breakout; recent rally and resistance break support bullish momentum.
Bullish
“Stock Market Analysis October 3, 2026”
Brian ShannonPublished Oct 3 · 1 passage
Jump to any passage
1 passage
MAGS rallied on Friday, and this group is poised for a breakout. It's performing well, so buyers still have market confidence. It's been above the 20-day moving average. As we know, it broke through resistance this past week.
It's tested, and it now looks successful. If you want to hold the position, even a long-term one, I think your stop-loss should be below last week's low. I see this as a crucial level that the market needs to hold to continue its upward trend.
What this channel has said about $MAGS
Brian Shannon has 3 calls on this stock; only the adjacent ones are shown.
2026-10-03BullishThis one
MAGS rallied on Friday, and this group is poised for a breakout. It's performing well, so buyers still have market confidence. It's been above the 20-day moving average. As we know, it broke through resistance this past week. It's tested, and it now looks successful. If you want to hold the position, even a long-term one, I think your stop-loss should be below last week's low. I see this as a crucial level that the market needs to hold to continue its upward trend.
2026-09-11Bullish
Uh MAGS is is you know showing some leadership ability in here. If you look at the weekly chart of the MAGS uh that's the monthly. So let's look at the weekly. This is really pretty bullish looking
Quote at 08:25 ›