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UEIC Trade Setup & Entry

UEIC (Universal Electronics) offers an objective short entry here on this breakdown below the bearish rising wedge pattern (confirmed with negative divergences). T1=69.40, T2=66.92 & the final target, T3, is 61.43. Suggested stop above 80.42.

UEIC daily Aug 19th

UEIC daily Aug 19th

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Aug 19, 2016 11:47am|Categories: Completed Trades - Short|Tags: |Comments Off on UEIC Trade Setup & Entry