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L__Chaim
May 16, 2018 8:48 AM

Confluence Long

Worthington Enterprises, Inc.NYSE

Description

Reverse head and shoulders, symmetrical triangle which is also being capped by the supply zone with upper limits around 47.3. Once the supply is cleared, it can easily go back to around 50.
How to trade it:
1- Going long upon confirmation which could only be profitable if you can reasonable commission.
2- Call debit spread 45/50 with max profit of $323 and max risk of 176

Trade closed: target reached

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