workingtraders
Long

Long idea for $MBI

BATS:MBI   MBIA INC
146 2 3
Bullish Harmonic pattern lined up with a major support area + Rising Trend line .

Looking for buyers to start accumulation near the rising trend line and volume to start pouring before entering long.

A break over 10day or 20 day moving average would help confirm a trend change.
stop out at 11 this morning. broke the trend.
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long 11.15
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