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motleifaul
Jun 20, 2016 3:30 PM

Just begun Short

American Water Works Company, Inc.NYSE

Description

We are in an upward channel and the correction from its top is just beginning. So it makes some sense to jump on the bandwagon.

Trade closed: stop reached

I am taking the opportunity of the downward correction to get rid of this position. As we left the channel to the upside there may be further upward potential now.. Thus I am better taking the little loss.
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