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AlexStanilevych
Jan 8, 2019 3:54 PM

FOXA: bearish signal Short

Fox CorporationNASDAQ

Description

On the hourly chart of FOXA shares, I expect the price to start the 5th Elliott wave down after ABC correction within the 4th wave. Also, a sell signal was formed - bearish divergent bar. Breakdown of its level would be an optimal price to open short with SL above it.
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