Channibal

MIME - Long - Swing

Long
NASDAQ:MIME   MIMECAST LIMITED
- Bearish overall market
- Significant upper shadow
- 5ema pierced into near bottom of breakout bar
- Prices were a bit choppy last week
+ Prices broke out approx. -3w with ultra high volume
+ Side way price movement with narrowing range and very low volume
+ Broke out bar supported by 5ema and high volume
+ Bullish Trend Intensity
+ MACD crossing upward

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