Intelsat more bearish action [Just an idea] Short

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⋅ 27. Jul. 2016 15:19

Hi traders,

On the stock chart we are looking at a potential short entry at previous structure. The stock has dropped since it's Initial Public Offering in 2013, starting at $ 20.
Entry: $ 4.04
Stop: $ 4.71
Target: 3.03 = R:RR 1.51

Good luck!

structure short

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