I went long MENT early this morning when it broke above $12.15. It does have the tendency to be a wild one, and quite honestly it is easy to get stopped out prematurely in it, especially at the early morning open. Nonetheless, I couldn’t resist the setup with a high reward opportunity and low risk entry at $12.15. Very strong possibility that this stock rallies into the low $13’s.
Here’s the chart analysis on MENT.
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