Our system’s recommendation today is to STAY SHORT. The previous SHORT recommendation was issued on 5/22/2013, 2 days ago, when the stock price was 0.2350. Since then MGH has fallen by -2.13%.
The bullish attack that triggered the bullish stop loss was a big concern, but the bears are back with vigor and strength. Short sellers can relax for the moment. Besides, the signal is suggesting to STAY SHORT. It is best to follow the signal and continue to STAY SHORT.