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balapa24
Feb 16, 2021 10:50 AM

DOW THEORY 

Description

Many times you see an action cause an over reaction in the markets. WWE, missed earnings, probably sold off too much. MACD is showing hidden bullish divergence. Easy trade to manage risk, 10:1. Stop loss is $45.77, the low of the sell off. Target is a 50% retrace from the high to low (Dow Theory).
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