Upward momentum into earnings
MMGI made a nice cup and handle breakout today, going into a fourth green-day and making a new 52-week high. This low-float stock is enjoying a nice upward run in anticipation of earnings this Friday, February 19th before market open. I'm looking for it to break an ascending trend line at open at 12.1, push a multi-year resistance at 12.3, then test an expansion trend at 12.8. Support at 11.0. NTM or ATM calls appear safe for a gap due to questionable liquidity.
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