Potential Wedge Breakout

NYSE:MX   Magnachip Semiconductor Corporation

Its showing clear support at the 11.46 level
With Price Target at 13.81
Thats a +16% gain

it closed with a hammer candlestick yesterday with good volume
I love how its hovering around the 50ema
this is definitely one that I am watching closely, patiently

If it closes above the 9 tomorrow and holds above support
I will be looking for an entry with a stop loss at 11.30


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