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Wednesday, June 6, 2007

MHI: Breakout from Flag

This morning I was scouting for stock to buy. I saw this flag formation on MHI chart. Of course, before I made my move I consulted two AT members (investoke and jensen). Heeding the advice of the masters, it's nice if you have trading partners to verify your charts. Upon confirming, that it is a flag from my fellow AT. I immediately went on to place order on this stock.

Breakout @ 18.75 Target Price @ 25.00