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Going short on NYSE:BLL (BALL CORP.)

15 junio 2010 No Comment

NYSE:BLL  (BALL CORP.), has formed a big double top pattern that will be difficult to break higher.

A good strategy would be to go short around the 54$ level.

A stop loss order should be placed at 56,25 $

As long as it does not break above 56,25 $, the short position should be maintained as there may be an important downward movement.

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