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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YES! it's nice, I'm happy
mnta exploding..up 1.21
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.