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AlTorress
Jun 30, 2020 11:26 PM

PBYI, Aroon Indicator entered a Downtrend on June 29, 2020. Short

Puma Biotechnology IncNASDAQ

Description

For the last three days, Tickeron A.I.dvisor has detected that PBYI's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for PBYI, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. Tickeron A.I.dvisor backtested this indicator and found 259 similar cases, 238 of which were successful. Based on this data, the odds of success are 90%.
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