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Best setups for swing trades this week from charting this weekend.
AME above 125 with stop loss at 119.50, target 135
SPB above 89.95 with stop loss 82, target 97
Reversal plays have been nicely lately and I have done well with them on SQ, PYPL and EXPI this past 2 weeks. This one is riskier but the upside is also higher as it's dropped all the way to it's 150 days moving average. CRSP. If you get in at 130 the stop should be set for 122.90 (150 days moving average), which is 5.4% risk. If it falls below that it breaks support and could fall very far.
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