RAX is Stretched

"Danno" Sheehy

Raxspace Hosting RAX is one of four long trade ideas listed in today’s Bulls and Bears section. The setup is illustrated on the chart below. RAX has closed lower six consecutive days. In doing so, the stock has filled approximately 65% of the previous open gap (magenta oval).The bottoms of gaps can act as support. […]

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"Danno" Sheehy

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