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demyanchuk
Aug 11, 2016 1:35 PM

Potentially nice fall Short

CoStar Group, Inc.NASDAQ

Description

Main signals for selling the stock:
1-double top tested the inclined resistance
2-breakout of 210.00 horizontal support
3-consolidation and potential flag formation

Sell the breakout of flag's bottom line after its formation
Stop loss +1 tic over the flag's high price
Target 190.00 (sizing targeting+strong support level approaches)
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