• Mentor Graphics MENT swing trade bull flag long

I’ve had a long history of Mentor Graphics (MENT) as a trader – both on the long and short side fo the trade.

Overall it has done me pretty well, which is why I’m happy to be re-uniting myself with this often peculiar stock. There has been a huge rise of late and over the past week or so trading, it has bull-flagged right there at the highs and what makes this trade so appealing is the enticing, textbook bull-flag pattern right at the highs. I got in at $20.55 where it broke out at , and currently it is trading in the high .60’s. 

The stop-loss is tight at $20.15. 

I expect this stock, should it be profitable, to be a nice 3-5 day trade for me. 

Here’s the MENT trade setup:

Mentor Graphics MENT swing trade bull flag long 

You Might Like

  • Short-term bounce

    The Anatomy of a Short-Term Bounce

  • January Barometer: As January goes, so goes the year.

    January Barometer: As January Goes

  • Losing Trade to Start the New Year

Leave A Comment