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valdz100
Jan 18, 2017 5:35 AM

XNCR- Descending Triangle (Short)  Short

Xencor, Inc.NASDAQ

Description

A descending triangle pattern is shown, shorting the stock would be the way to go considering that it has 2 reaction low points. Although they are not exact, they are within reasonable proximity of each other, which makes the pattern valid. I would short ASAP and set an expiration date for about a month.

Price prediction: low 21.00s within a month time period.
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