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Aug 23

Exit long $SBX, $GIS, $GRA

Exit long $SBX, $GIS, $GRA

Market is in a slide, no one knows when it stops or when it bottoms, profits are already lost , so the message here is “Preserve your capital”.

Reasons to sell applicable to all stocks in this post.

  • Below 50DME on volume.
    Gap down on open
    No recovery during trading day.
    Outside of ATR
    Violated trailing stops.



 

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