MGEN - Downward channel breakout long from $7.25 to $8.87

MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here.

* Trade Criteria *
Date First Found- May 3, 2018
Pattern/Why- Downward channel breakout continuation.
Entry Criteria- Current Levels ($7.25)
Exit Criteria- $8.87
Stop Loss Criteria- $6.43
Indicator Notes- Twiggs money crossed to the positive

Please check back for Trade updates. (Note: Trade update is little delayed here.)