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deepiceman
Jan 11, 2019 12:25 AM

$WB bottom formation Long

Weibo CorporationNASDAQ

Description

Over the last year WB has been decimated, going from a high of $142.12 to a recent low of $53.11 in late October 2018. Since then it has consolidated well. If market cooperates here, it could be gearing up from that consolidation to go north again. If it takes out $70, then $80 to $90 is doable.
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