EWM poised to fall

EWM has triggered an MFI sell signal. Here’s the play:

  • Short EWM at the market.
  • Stop Loss is a close above 15.09 (1.2% loss). Cover at the next open.
  • Target One is 14.66 (1.7% gain). Sell half the position here and move your stop to BE.
  • Target Two is 14.32 (4.0% gain).

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