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geckler
Feb 25, 2014 11:25 PM

GM - LBR Group Trend Reversion Setup Long

General Motors CompanyNYSE

Description

Old LBR Group 5EMA trend reversion setup -- basically after 5 above or below the EMA you fade the first close on the opposite side. Trade is closed on the first close above or below EMA after reversion or at designated stop level. GM is a portfolio investment from the lows early in the month -- we've added to the position given today's opportunity.
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