Watching for expected weakness in the auto sectors, the current technical set-up for MGA is below.   A potential double top can be seen on the weekly chart (left), with the market then dropping off in to 2016.  Since then a slightly contracting wedge consolidation has developed: breaking this structure offers potnetial opportunities.  Solid orange highlights the structures s/r's (support/resistance), orange dashed arrows offer potnetial moves to consider.   The daily chart (right) shows a couple riskier considerations: dashed orange highlights.  These are inside the larger structure and offer a potnetial move to the structures s/r's.  They are considered a little more risky however as the main pattern could still hold and potentially reverse the market.

MGA SII page