News Corp hitting the same roadblock

59 1
NWSA has been forming a great box range between 14.40 and 16 for a couple of weeks now. Check it out on a weekly chart. It is time for it to re-test resistance and I am gonna go short with a tight stop at 16.30. I am will take profits around 15 depending on how things are looking. Happy trading.
Broke out of box range. Gonna get out and wait and see. It may try to fill the big gap on the daily.
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