I am seeing bearish outlook for MOSY presently.

I am being conservative in my trading and only doing longs so bearish stock outlooks to me don't hold my interest.

MOSY - The pattern is decent for a potential breakout.  There is resistance at .39 - .41.  If it can break above that then it could head to .48ish.  

So the risk is where it currently closed, at .35, losing all its gains back down to .24 and the reward is the .35 to .39 - .41 so much more risk than reward at this point outside of a morning bounce or a short at the highs today.

Lots of volume so the ease of entry and exit will be good.

History of spiking for this stock is very low looking at the 3 month chart.  2 spikes in the 6 month chart and 3 spikes at the year chart.

There is no reason or catalyst at this point other than is was below the 50 & 200 day SMA.

Technology has a few top gainers right now but the times are weird with the Dow hitting highs and different favortie stock types shifting.  

 

Date	1/26/2017
Ticker	MOSY
Pattern/Price (1-20)	15
Risk/Reward (1-20)	5
Ease of Entry (1-10)	10
Past Performance/History of Spiking Big (1-10)	3
What time of day (1-20)	10
Reason/Catalyst (1-10)	1
Market Environment (1-10)	5
Total (10-100)	49