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chaser012001

ROK - long on the pullback

Long
Rockwell Automation, Inc. (NYSE:ROK)  
chaser012001  
NYSE:ROK   Rockwell Automation, Inc.
Chart Patterns Trend Lines Multiple Time Frame Analysis
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chartpattern trendline mtfa
Higher lows with attempts to break through the weekly resistance. I'll be looking at it pretty hard if price comes back to under the $261 area. Target is the next weekly resistance following the trend.

If the trend is invalidated (close below the previous low on the weekly) walk away.
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