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Short PCL
PCL is one of the weakest stock in the Real Estate industry. REITS have been underperforming the S&P.
This is a good candidate to short in a strong downtrend (see daily chart). Ideally, a short should be opened on a retracement to the 20 MA in the day chart.
This is a good candidate to short in a strong downtrend (see daily chart). Ideally, a short should be opened on a retracement to the 20 MA in the day chart.
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