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Ep. 64: Mike Webster: How To Make More Money With A Power Trend

Investing With IBD

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The High Type Flag Potential Move

This is setting up for what I think is like a flag, a high type flag potential move. It's telling you that people used to think this was a $40 stock. Now they think it's a $70 stock on both sides,. The bears and the bulls, they're fighting each other. So there's no real new price discovery at this point. That's saying that this is now a $72 stock until proven otherwise.

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