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Aug 17, 2015 2:12 PM

$UDR overbought into structure resistance Short

UDR, Inc.NYSE

Description

1) The last two times the RSI has passed into overbought territory there has been a significant retrace
2) Hangmen candlesticks signify sellers stepping in / bulls losing control, and we have had 2 of them in the past 2 days
3) Dipped into structural resistance this morning and was sold off
DYOR as always
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