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Speculative Long In $MULE

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I think MULE is coming into an area where I feel comfortable taking a shot on the long side. Market mechanics for the past couple of years have taken on what I like to call a "trip it and rip it" pattern. Stops get run and then at maximum frustration, the stock rips higher. I think we might see that in MULE after a bit more downside. See the gap up with high volume and where I drew the rectangle. I'll be taking some calls here into January.

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