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Breakout-Pullback: MSTR

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MSTR has formed a classic breakout-pullback setup. The stock recently broke out on huge volume, and since has consolidated in an orderly fashion. I entered this trade around $84, which I posted in the Trade Report last week. My intitial target is $90, where I would take a partial profit. At that point I would move my stop up to entry.

 
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Created by beet 42 weeks 5 days ago – Made popular 42 weeks 5 days ago
Category: Technical Analysis   Tags: