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Long

$EXPR - Express Inc - Long

NYSE:EXPR   EXPRESS INC
From a purely technical standpoint Express Inc             is priming for a long position. We had strong rejection on the Fridays candle which coincides with a strong weekly support and has confluence with the .382 fib.

Target is the previous high of 20.70. Relatively tight stop giving us 2.5:1 Reward:Risk ratio.

The only fundamental analysis I have viewed are the earnings from 26/08 which exceeded expectations by 10c.
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