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quakefiend
Jun 6, 2016 6:53 PM
HCP short opportunity
Short
NYSE:HCP
60
Description
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Jun 6, 2016 6:53 PM
HCP is trading in a short term rising channel, and since it is re-testing support-turned-resistance at 33.80-34, it is very likely to break out of the channel to the downside. The measured move takes us down to ~28.50.
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