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TechnicallyCorrect
Jun 24, 2021 10:57 PM

SUNW Heating Up Long

Description

NASDAQ:SUNW daily chart broke through the trend line today after several months of basing around the 200 EMA .

I would initiate a long trade above today's high at $10.71

Place the stop loss under the June 21st local low at $8.79

The eventual profit target is the ATH at $29.37 which gives a risk/reward ratio of 9.72!
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