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Long

Extra Space Storage - $EXR - Long from $68

NYSE:EXR   EXTRA SPACE STORAGE INC
48 0 2
Looking on the daily chart price has formed a strong marubozu candlestick . This shows strong selling pressure throughout the session.

I believe we could see $68 where price may bounce and head back towards the 72 level. 68 coincides with the 50 MA.

We can see the current range is basically a copy of the previous range which we broke out of last month (range of $4).
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