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BBTrader29
Oct 1, 2021 5:24 PM

YETI Snapback/Bounce Long

YETI Holdings, Inc.NYSE

Description

YETI is overextended to the downside on its 6th consecutive red day. It has now exceeded the lower bollinger band and is oversold on the stochastics. It has also reached a support bounce area around 85 range. It also has the 200 sma as support. All this considered i believe a relief snapback bounce is in play until 91 range.
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