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Gnome
Feb 28, 2015 12:14 PM

MGLN possible longer term breakout Long

NASDAQ:MGLN1D

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Magellan seems to have broken out of a longer consolidation. The measured move of the channel points to a move of about 15% so I would take profits on a momentum loss at a first target around 72 or a little before.
longtermbreakoutLONGposition
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