Nick_C_

CBS could offer a nice daily short near earnings

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NYSE:CBS   None
1
Looking to short any decent rally here using an ATR based stop. I am bearish for 3 primary reasons:
1. RgMov is in a 2 month downtrend
2. Since the November high, the latest mode to the downside is now greater than any before it
3. Price is below some heavy earnings level resistance

GL!
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