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Thnacks
Feb 5, 2023 2:42 AM

Possible Reversal on SNV Short

Synovus Financial Corp.NYSE

Description

Price has been trading in the 44 to 36 range for a while. The RSI looks to be getting close to overbought and the MACD might be rolling over soon. I like the risk reward on this trade. Short in the 43s with a SL at 44. Half off the table at ~ 40 and wait for the rest to hit 36.

Not financial advise.
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