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Strategies & Market Trends : Underexposed Technical Analysis

AQN 6.075

+1.8%

Nov 25 3:59 PM EST

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From: Underexposed	1/22/2020 9:39:32 PM
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USA: Problems with Seaspan SSW I think it is time to consider selling SSW and collecting profits.....here are the charts Looking at the P&F chart there is a half-assed support at $12.80 to $13.00...I don't trust it much since it was not a resistance going up. The Trigger chart shows a plummet of almost 5% today...If you look it closed below the lower Bollie. If we are lucky it will pull back some of that loss. Effective immediately I am placing a Limit Stop-loss order on 2000 shares of Seaspan Corp [NYSE:SSW] with a target of $13.30 and a limit of $13.00.... the duration of the order will be 30 days If the share price rises significantly I will trail this order behind it until it sells. UE

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