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Based on the height of the pattern it's setting up for a $1 move higher. This also happens to correlate with the gap lower on the daily chart back in June.
If you're going to trade this one put a tight stop on it. Given the fact it's earnings blow and all it has going for it is a promising looking chart I'd imagine there will be plenty of weak handed traders piling in this one. I suspect she'll fall as quck as she rises. Don't be left holding the bag.
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