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Staples Still in the Dumps.
Other than the technical analysis that is shown in the chart, the fundamentals of this stock is screaming for a correction. The FTC will continue to affect SPLS in a bearish manner as they continue to reject the acquisition between SPLS and ODP. This retest that Staples has been experiencing in the last month will fail after they will not meet the expectations of the estimate in tomorrows earnings report.
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