Long MIME
look at that weekly consolidation - ready to pop and blow up
long above 55
stop loss at 52$
I'm personally going to be buying leaps on this name - a weekly break above this super long consolidation is a bullish reaction
normally we find that we fail after testing resistance the first time, 2nd time and 3rd or 4th time usually breaks through resulting in a new bull - typically when we look at fundamentals the company likely has turned around and is managing the company much better so this is pricing in future growth and performance
expecting this to go on a tear for 2021
long above 55
stop loss at 52$
I'm personally going to be buying leaps on this name - a weekly break above this super long consolidation is a bullish reaction
normally we find that we fail after testing resistance the first time, 2nd time and 3rd or 4th time usually breaks through resulting in a new bull - typically when we look at fundamentals the company likely has turned around and is managing the company much better so this is pricing in future growth and performance
expecting this to go on a tear for 2021
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