TOL toll holdings limited

I reckon $4.38 could be a short term bottom.It fell off a cliff...

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    I reckon $4.38 could be a short term bottom.
    It fell off a cliff last week and this 5.75-4.38 thats a major move for a big cap like TOL.
    At some point the shorts need to cover and all the bad news looks factored in by now.
    Oversold on all indicators
    Took a position this afternoon.
 
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