geppytrading
Long

SALE About to Break the Downtrend?

NASDAQ:SALE   RETAILMENOT INC
28 0 1
I purchased SALE a couple weeks ago on the poor news of them being hit by Google's search algorithm. My entry is at $24.00 as I thought the news was overdone and the company's fundamentals are solid.

Now, looking at the chart, we may have finally broken the downtrend that we've been in since the end of February. It's starting to look like a solid test of support and I hope we'll see higher prices.
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