Ep. 34: Bruce Fraser On The Importance Of Timing And Technical Analysis
Investing With IBD
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Sonos: A Newer IPO From 2018
Wycoff: Sonos is going through a cyclic distribution, markdown, climax and accumulation range. He says it's backing up to the top of that accumulation area after jumping out of its accumulation area. Wycoff: The composite operator types love to see these IPOs come out, go public, they're good companies, and then they just swoon.
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