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Nextep
Feb 28, 2017 10:52 PM

WU drops thru 200 ma on volume Short

Western Union Company (The)NYSE

Description

WU showing downside after dropping thru a trend line and the 200d ma on big volume. Another volume spike today confirms the downward pressure. Short term resistance at 19.80 and that is where to short. Stop at 20.50. Downside up until 18.75 - 18.50 and 16.00.
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