Breakout-Pullback: MSTR - The Market Speculator

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Breakout-Pullback: MSTR
Nov 08, 2009 01:14 AM UTC

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-8.85%	HIGH

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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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