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Yep, I would with MTN, you are right. I'd especially never try to catch it early in the day. This is a yo yo!! For a longer term break up, I'd be looking for the resistance to turn support for confirmation, but you miss some gains waiting. Would also depend on the depth and volume at the time. Many a time the stock just jumps and you completely miss it. I suppose, once the buy is made it's then a matter of managing the position, which is another story of course.
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