$MGT is a former runner with low float. It has made a tremendious move of 1100% within 7 days back in the past.It has been in a bulilsh trend since the beginning of May and just recently bounced off 9 ema on the daily chart.1st safest entry would be at $4 if it manages to hold this level and opens up on Tuesday morning accordingly. First resistance at $4.05 and $4.59 is the next one.2nd safest entry point would be at 9 ema within 3.50-60 area. 3rd safest entry would be at 20 ema within 3.15-3.25 area.ATR of 45 cents is very favourable for daytrading along with relatively good volume of 6 mln shares.With no earnings release scheduled in the near future it goes on my weekly watchlist.Sector:TechnologyIndustry:Multimedia & Graphics SoftwareChart source: http://finviz.com/quote.ashx?t=mgt&ty=c&ta=1&p=dDisclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 6 hours.I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.