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Jrussell86
Jan 21, 2018 3:44 PM

Undervalued Breakout Confirmed Long

Description

Minor wave correction providing opportunity to buy. Initial PT: ≈6.7. VERY UNDERVALUED- provides excellent margin of safety .

Pattern broke out of upper boundary. Pattern conforms to symmetrical triangle and inverse head and shoulders, but volume profile matches inverse head and shoulders better. Measure rule implies ≈50% increase from breakout.

DCF models place fair value from 6.24-10.42.
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