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mxc111
Apr 7, 2021 1:12 AM

BHC - Short short Short

Bausch Health Companies Inc.NYSE

Description

This is a simple setup- it feels like a 50% retracement from the recent high

Technicals
1) the trend line was crossed
2) the moving average crossed below and has stayed there for a few days

Targeting a move to S1 ($27) - approx. a 15% move from today's close ($31)

Trade closed: stop reached

I closed this trade at a small loss
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