$MIGI has recently displayed significant movement by surpassing the Fibonacci retracement of 0.236 on substantial trading volumes, revealing a robust bullish undercurrent. Following a brief pullback at the 0.50 retracement due to profit booking from short-term traders, the stock has demonstrated a noteworthy return of 400 percent, moving from $0.43 to $1.72 within a span of 72 trading sessions. The notable aspect of this surge is the profit booking occurring on low volumes, indicative of a resilient support level. Currently, with support evident at the 0.236 mark, which it crossed with significant volumes, $MIGI appears poised for a potential challenge at the 50 percent retracement. While a retracement to the 100 percent level may prompt additional profit booking, emerging signs of a bullish trend are sustained by value buying from investors and those seeking indirect exposure to Bitcoin.