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Good morning. Today, I'd like to share with you a pair of names to consider for bullish options strategies along with a couple of names ripe for bearish bets.
Bullish Options Plays
Magna International(MGA Quote)
Magna broke out Friday from a brief consolidation pattern after testing moving-average support. There are not many stocks in the relative new high area, but MGA is there and is poised to challenge the levels in the $50s from last September. This breakout can be bought.
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