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Bulls on Wall Street: Stop Guessing. Start Trading.

Back in May MBLY was our Stock of the Week as a pre-breakout entry and it's back as a post-breakout pullback play. We (Trade Report members and I) entered on the pullback to the 50 day moving average and have since watched it breakout out over the $48.75 breakout level and run up to $52.17. It now looks ready to consolidate before making it's next move higher. An entry on pullback to the breakout level provides good reward to risk for the next leg up.

Logical targets are at the gap fill level near $54 and the October pivot high at $60.

MBLY 6-15i-15

Come check out our FREE TRIAL for our Part Time Traders service.  This service is great for those that work and cant monitor the computer all day. We have indepth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.

http://bullsonwallstreet.com/swing-trading/

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About Paul Singh

Paul runs the popular Bulls Part Time Trader service. An experienced swing trader, he’s taught many subscribers how to make money trading while still holding a full time job.

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