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charlie.asemota
Sep 18, 2016 6:52 PM

Potential Short at $6 Short

Cerus CorporationNASDAQ

Description

Looking at fundamentals, I'd say the company is expecting a small growth in the next year, and the price has sort of been up trending in a wide channel since last year. The price restarted making lower lows in August so I'd take advantage of the short term down-trend and short at 6, with my profit target at 5.75.
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