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zachyam
Jul 3, 2020 5:31 AM

$SFIX broke out of its consolidation box Long

Stitch Fix, Inc.NASDAQ

Description

Since early May, SFIX has been consolidating within its box. Its technicals played out nicely the past couple of days as it broke out of its consolidation with igniting bars.

Here's a weekly chart with a better perspective. If it can break $32.50 with strong volume then a final target of high 40s is not inconceivable.

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