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likebike
Oct 27, 2016 4:18 PM

Long-Term Buy for VWR Long

Description

After a recent 50% pull-back, it looks like VWR might be resuming its long-term up-trend.

It is currently being supported by it's 200-day moving average (shown by the blue line), and also bounced cleanly off the 50% retracement level (shown by the red line).

If price can stay above the recently-established base, we can expect VWR to head to new highs over the next year.
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