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Head & Shoulders Top

Posted by StockBuz on August 29, 2011 at 6:47pm
VRTX broke down from a H&ST and has already backtested that resistance which failed at the 50d. Today, it was down -2.89% while the majority of the overall market rallied. This sends the message that investors are getting out of the stock. I like a short here with a cover stop above $46.75. Target shown

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Tags: short-ideas, vrtx
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