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dstrades
Jun 27, 2020 2:15 PM

TWOU Moving up from support Long

2U, Inc.NASDAQ

Description

TWOU is part of the continuing virtual education trend that will continue to be traded during the coronavirus. This play sees TWOU moving from $37.74 up to around $43 in mid-July. The stop loss is below the support line for the channel, which indicates that the trade idea is not working. The upside is around 14% and the downside is around 10%.
Comments
SimplyCash
Nice call.
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