2waytrading
Long

18.93% Upside Potential

NASDAQ:MLNX   MELLANOX TECHNOLOGIES LTD
369 0 0
Though buyers seem frustrated and confused, it looks the aggressive distribution that started October is fading now but still in progress. Open above previous high or move above Friday's high $61.56 will suggest a possible price target of $71.99 or 18.93% gain next few weeks. Will initiate a possible option bet this week.
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