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bcstonecipher
Jun 21, 2023 11:24 AM

Possible Breakout, Possible Pullback 

Nutrien Ltd.NYSE

Description

While I'm long NTR, I'm buying some protective puts (or perhaps selling covered calls depending on premiums). A pullback could occur if it breaks below the shoulder forming a classic h/s, but if it breaks out there's tons of room to go from here.

Comment

Looks good after the bullish candle after the $60 support level after the breakout. Chart looking good.
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