YES! it's nice, I'm happy that I gave that one room, I
liked the pattern. MNTA is an example of having patience, we
had it on the watch list since December, it broke out and then came
down to support, we kept a wide stop at $12.0 even, and then it
rallied off support on strong volume. The point is, I'm happy
with how we gave it room and the pattern was a text book example of
a stock that breaks resistance, then comes back to test resistance
and rallies from there.
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mnta exploding..up 1.21
Posted by carpru on 22nd of Jan 2010 at 10:47 am
MNTA target hit
Posted by srleblanc on 22nd of Jan 2010 at 11:33 am
I'm taking the 25% profit and calling it a fine week!
Thanks for the trade idea, Matt.
Awesome!! it's nice to ring
Posted by matt on 22nd of Jan 2010 at 11:39 am
Awesome!! it's nice to ring the cash register on Friday with positions :)
Wow, yeah MNTA more than
Posted by matt on 22nd of Jan 2010 at 12:10 pm
Wow, yeah MNTA more than hit target on the news. This one will be coming off the watch list today since target was more than hit.
Wish I had seen that
Posted by ditch on 22nd of Jan 2010 at 01:11 pm
Wish I had seen that pop! There is a short term trendline now at $14.30 that should give it some support.
MNTA has major resistance on
Posted by jd111 on 22nd of Jan 2010 at 11:18 am
MNTA has major resistance on the weekly chart 16-16.25
YES! it's nice, I'm happy
Posted by matt on 22nd of Jan 2010 at 10:57 am
YES! it's nice, I'm happy that I gave that one room, I liked the pattern. MNTA is an example of having patience, we had it on the watch list since December, it broke out and then came down to support, we kept a wide stop at $12.0 even, and then it rallied off support on strong volume. The point is, I'm happy with how we gave it room and the pattern was a text book example of a stock that breaks resistance, then comes back to test resistance and rallies from there.