MENT – Interesting Bullish Chart

[Ramsburg]

Profile: Mentor Graphics Corporation provides software and hardware design solutions that enable companies to develop electronic products worldwide. The company develops, manufactures, markets, sells, and supports electronic design automation products, and provides related services to design, analyze, simulate, model, implement, and verify the components of electronic systems. It markets its products and services primarily to companies in the military/aerospace, communications, computer, consumer electronics, semiconductor, networking, multimedia, and transportation industries.
Website: http://www.mentor.com
Market Cap: 1.21B

Trading Idea:
MENT has a solid bullish trend for the past 10 months, trading inside a large ascending channel.
The mid term chart shows a recent Breakout which gives extra potential to this uptrend.

This stock should remain on our watch list, timing may be not perfect right now, but buying it near the channel's base or during a retest to the breakout level may represent a good opportunity.

Lets keep it under the radar

Regards,