Magnite Inc. (MGNI)
🚀 Entry: $24.03
📊 Setup: Zanger-style Bull Flag Breakout Pullback
🛑 Stop: $22.43
🎯 Target: $27.50
🔑 Why I Entered:
Picture-perfect bull-flag pullback pattern with volume drying significantly, tapping precisely on the rising trendline.
Price action holding strong above rising short-term EMAs (9/21).
Excellent relative strength, reflecting a previous strong-volume breakout move.
🎯 What's Next:
Seeking strong volume surge confirmation to confirm continuation of the breakout.
Earnings report in three weeks—ready to take partial profits if price significantly appreciates ahead of the event.
🚀 Entry: $24.03
📊 Setup: Zanger-style Bull Flag Breakout Pullback
🛑 Stop: $22.43
🎯 Target: $27.50
🔑 Why I Entered:
Picture-perfect bull-flag pullback pattern with volume drying significantly, tapping precisely on the rising trendline.
Price action holding strong above rising short-term EMAs (9/21).
Excellent relative strength, reflecting a previous strong-volume breakout move.
🎯 What's Next:
Seeking strong volume surge confirmation to confirm continuation of the breakout.
Earnings report in three weeks—ready to take partial profits if price significantly appreciates ahead of the event.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.