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Aug 18, 2020 8:51 PM

CALM Failed #Breakout #AcendingTriangle #ChartPattern 

Cal-Maine Foods, Inc.NASDAQ

Description

NASDAQ:CALM broke out of the 4+ month ascending triangle chart pattern and close above resistance 4 days in a row before the news shock after the close yesterday. The stock gapped down 5+%, held around the opening print for around 2 hours and gravity took over from there. Remember, anything could happen when you enter the trade. Use stop losses and risk management to minimize damage.
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