- Sep 28, 2021
MAGNA INTERNATIONAL, INC (MGA)
Technical analysis Magna International Inc. is a Canadian mobility technology company for automotive manufacturers. It is one of the largest companies in Canada and was recognized in 2020 Forbes Global 2000. #MGA after starting a bearish trend in June 2021, we believe the stock is consolidating between $ 79.00 - $ 75.00 to then gradually reversing to the upside. Positive catalyst could be the imminent break of the bearish trendline. The stock is expected to break soon the dow