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ChristopherCarrollSmith
Jun 21, 2019 7:35 PM

Ringcentral bearish - target 101-104 Short

RingCentral, Inc.NYSE

Description

Ringcentral has moved decisively out of its upward channel and begun to form a downward-sloping one (charted here in a very preliminary way). It's a fairly solid stock, and it should find some support in the 101-104 range. That'll be your buying opportunity for a long play.
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