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Ep 173: Ken Shreve: How To Buy Stocks With Bottoming Bases

Investing With IBD

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Grocery Outlet's Breakout on the Daily Chart

Grocery outlet tracked in the same industry group as Ollie's by the way. I bought actually both stocks on the same day June June 16 so when I saw after the 10 week line I said you know this stock is really showing relative strength. Pullbacks to short term support levels like the 21 day can be a viable entry in my view and that's what I did with grocery outlet.

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