MUX seems broken out of a downward channel formation and sitting at the top of the channel now. It's trying to break out it's 200 days moving average. We think it has good upside potential if it can break the overhead resistance.
* Trade Criteria * Date First Found- May 7, 2018 Pattern/Why- Downward Channel breakout Long Entry Criteria- $2.17 Exit Criteria- Momentum Stop Loss Criteria- N/A Indicator Notes- Strong Twiggs money flow index Special Note- Insider buying in December
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