MEGL (NASDAQ)

MEGL NASDAQ

MAGIC EMPIRE GLOBAL CL A

STAY LONG

1.2000

Prev.Close

1.2300

Change

-0.0300

Change%

-2.44%

BEARISH DESCENDING HAWK

Bought at

1.1615

Open

1.2000

High

1.2400

Low

1.1810

1.2000

Gain%

+3.31%

Signal History

Date	Price	Signal	Change%		$100⇨
07/27	1.1615	BUY	+3.3%	✔	138
07/10	1.1950	SHORT	-2.8%	✔	135
06/30	1.2000	BUY	-0.4%	❌	136
06/16	1.3600	SELL	-11.8%	✔	137
05/14	1.1300	BUY	+20.4%	✔ 👍	114
05/05	1.1335	SELL	-0.3%	✔	114
04/14	1.1000	BUY	+3.0%	✔	111
03/16	1.0700	SELL	+2.8%	❌	111
02/17	0.9600	BUY	+11.5%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 07/27/2026, 11 days ago, when the stock price was 1.1615. Since then, MEGL has risen by +3.31%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		$100⇨
07/27	1.1615	BUY	+3.3%	✔	201
07/10	1.1950	SHORT	-2.8%	✔	196
06/30	1.2000	BUY	-0.4%	❌	198
06/16	1.3600	SELL	-11.8%	✔	198
05/14	1.1300	BUY	+20.4%	✔ 👍	165
05/05	1.1335	SELL	-0.3%	✔	165
04/14	1.1000	BUY	+3.0%	✔	161
03/16	1.0700	SELL	+2.8%	❌	161
02/17	0.9600	BUY	+11.5%	✔ 👍	145
01/28	1.2100	SELL	-20.7%	✔	145
01/06	1.2080	BUY	+0.2%	✔	145
12/18	1.2075	SELL	0.0%	❌	145
12/16	1.3052	BUY	-7.5%	❌	158
12/02	1.2500	SHORT	+4.4%	❌	165
11/24	1.2370	BUY	+1.1%	✔	164
11/04	1.3900	SHORT	-11.0%	✔	149
10/31	1.4480	BUY	-4.0%	❌	156
10/09	1.6000	SELL	-9.5%	✔	156
10/07	1.6300	BUY	-1.8%	❌	159
09/26	1.5100	SELL	+7.9%	❌	159
09/22	1.6000	BUY	-5.6%	❌	169
09/18	1.6087	SELL	-0.5%	✔	170
09/09	1.4700	BUY	+9.4%	✔	155
09/05	1.3500	SELL	+8.9%	❌	156
08/25	1.3900	BUY	-2.9%	❌	161
08/19	1.4075	SHORT	-1.2%	✔	159
08/08	1.3701	BUY	+2.7%	✔	156
07/29	1.7110	SELL	-19.9%	✔	156
07/22	1.5400	BUY	+11.1%	✔ 👍	141
07/09	1.5714	SHORT	-2.0%	✔	138
06/18	1.7100	BUY	-8.1%	❌	151
06/16	1.6100	SELL	+6.2%	❌	151
06/11	1.7800	BUY	-9.6%	❌	168
06/05	1.3000	SHORT	+36.9%	❌	267
06/03	1.2621	BUY	+3.0%	✔	260
05/09	1.7850	SELL	-29.3%	✔	261
05/05	1.2520	BUY	+42.6%	✔ 👍	183
04/30	1.2400	SHORT	+1.0%	❌	186
04/23	1.2200	BUY	+1.6%	✔	184
03/31	1.3860	SHORT	-12.0%	✔	165