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SupplyDemand
Jun 2, 2020 2:44 PM

Strong Demand at $64 Long

Catalent, Inc.NYSE

Description

I'm looking for low-risk buy where demand has exceeded supply in a big way in an uptrend. We have a fresh level at $64. Notice how price jumps out of this level to around $70. I have my stop loss at around $62.50 which is risking $1.50. My target is about 3x or more than my stop-loss.
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