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SFIX Long

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NASDAQ:SFIX   Stitch Fix, Inc.
SFIX

Inverse Head & Shoulders

SFIX has been showing bullish trends since the stock attempted to challenge the Support / Resistance line on September 18th. From the accompanying Chart, we can see that the stock is showing Inverse Head and Shoulder movements as it gravitates to the Support / Resistance line (Yellow Line). This creates an opportunity to enter a long trade at $30 the stock pushes to break past the Support / Resistance line.
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