Vince
Long

MNK Buy on Break

NYSE:MNK   MALLINCKRODT PUB LTD CO
78 5 1
This stock is moving well and looking strong to breakout, would use low risk set up 8% risk for a 20% potential gain on a strong breakout, If options use 20% risk for 40% gain plus.

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2use
2 years ago
As the channel is confirmed, why not at the bottom of the channel? it seems at the top of it now
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Vince PRO 2use
2 years ago
Bottom of the channel on a weekly is NOT as probable as a breakout on a good long pattern 7 weeks plus on weekly, you can trade from bottom and have less dollar risk but more real risk and less probability when it works it is great when not a lot of losers
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2use Vince
2 years ago
We got the target!
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Vince PRO 2use
2 years ago
Yes nice one, need more like that LOL
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2use Vince
2 years ago
Went through some of the best ideas saved.
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