SwingTtrader

Potential Reversal

Long
NYSE:SPG   Simon Property Group, Inc.
This is one of the stocks that got decimated in the recent weeks. Base on the chart, I'm seen potential reverse to the upside. You can see the Head and Shoulder patter. Usually, the Head and Shoulder is good indicator of a reversal. I'm planing to take a long position in the stock and see how it will plays out.

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