Magnite, Inc.
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MGNI Zanger-style Bull Flag Breakout Pullback

23
Magnite Inc. (MGNI)

🚀 Entry: $24.03

📊 Setup: Zanger-style Bull Flag Breakout Pullback

🛑 Stop: $22.43

🎯 Target: $27.50

🔑 Why I Entered:

Picture-perfect bull-flag pullback pattern with volume drying significantly, tapping precisely on the rising trendline.

Price action holding strong above rising short-term EMAs (9/21).

Excellent relative strength, reflecting a previous strong-volume breakout move.

🎯 What's Next:

Seeking strong volume surge confirmation to confirm continuation of the breakout.

Earnings report in three weeks—ready to take partial profits if price significantly appreciates ahead of the event.

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