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zukedu
Dec 16, 2019 12:59 PM

EGP Ascending Channel SMA50 bounce Long

EastGroup Properties, Inc.NYSE

Description

Pros:
- Hammer with decent volume. Slight more than usual
- SMA 50 is well respected in the past
- Well respected SMA100 makes up for it
- Very clear uptrend

Cons:
- No divergence
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