How’s the PE Winter looking?
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Yes, you probably have to care about this one
2023-02-21
Potential Size of Bear
This is a measured move. It seems insane, but this stock has broken long-term support. Completing the top creates a measured move well below $100 per share. There are areas where it would find support before the low. Overall, a breakdown on this stock tells me bonds are in a secular bear market or the bear will be highly deflationary.
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