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Good morning
a conservative play
technically
a: above the 10 and 40 day m/a
b: macd positive (with bearish divergence)
c p& f reversal @34.5
d: trend line ress@xx 7/16
e major support@xx
f: major ress@xx 5/8
the plan
if it opens (day session) up .5-$1 sell short
target for short@xxxxxxx
if opens gap down put buy 3/8- 7/8 under the open
DO NOT LET IT GO MORE THEN !>@% UNDER THE OPEN
(lenny is back for the chart)
happy trading
Ben
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