#MellanoxTechnologies broke two important pivot resistances.
#MellanoxTechnologies is outperforming the sector and and looks like to continue its solid performance. It tries to break $120 again but #rsi is still weak.
Mellanox NASDAQ:MLNX is rated a Strong Buy due to the recent string of positive earnings estimate revisions to the upside. Over the last 30 days, five analysts have increased their estimates for the current quarter and current year. The bullish revisions portend a positive movement in the stock price. The current year number has shot up from $3.17 just ninety...
Looks like a good medium term hold. says long in title since a few months in cryptos is a very long time..
We took this stock earlier in the day on The Trading Floor for Real Life Trading and lost 1R. We're in again, per this analysis. Therefore, this is more of a continuation, unless you are not in. Tweezer top on the 15 min chart makes this trade look better. R:R aint shabby either
Long on breakout above the blue and pink trendlines (May be Around 52-53). Short on break of lower blue trendline.