Well the down channel says 52 week low then perhaps another sub 60 cents capitulation like we had before. I am pretty much regretting holding just about every stock I own atm. SXY has been in a downtrend for 10 months and missed the entire rally in stocks. mid 60s now being stacked with sellers to ensure this is going nowhere but down but who likes selling at the 52 week low.
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Going nowhere, page-3
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