Monday, 23 November 2009

MNTA: A potentially powerful breakout developing

23/11/09: Momenta Pharmaceuticals (MNTA, NASDAQ)
Developing a breakout of the technical chart pattern shown in the graphic below. This is not a perfect timing point for entry so not a trade alert but occassionally I will give examples of such breakouts in progress and see how they develop for potential entry points. One to watch!


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