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Mindray Medical (MR) shorted at 31.62



June 23, 2010 – Comments (0) | RELATED TICKERS: MR

Here a new position I added to the portfolio yesterday. Mindray Medical has a beauiful triple top in play, as the market has recently pulled back to near the neckline, which represents some pretty heavy resistance. My stop-loss for this stock is 33.39 while my target price is 28.23.

Here's the chart analysis on MR.

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