I like this setup for MBII
Smaller name pharma stock. Definitely has the potential to be explosive. It appears we just break out of a triangle on major volume, finding support right now on top of the broken resistance. Super good R:R to long here and stop loss below the trend line. Initial target region is shown in the box. We're also sitting between the 0.618 and 0.764 log-fib retracements at the moment.
*THIS IS NOT TRADING ADVICE*
*THIS IS NOT TRADING ADVICE*
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