Bearish potential detected for MGRMirvac GroupASX:MGRIvory_WolfEntry conditions: (i) lower share price for MGR along with a swing up of indicators such as DMI/ADX (bearish) and swing down in RSI, and (iii) observe market reaction around the 100 day MA. Depending on risk tolerance, the stop loss for the trade would be: (i) above the declining 15 day EMA (currently $1.793), or (ii) above the potential resistance area from the open of 20th April ($1.80).