I initiated a long position in TLEO today. Its in a downward channel yet has great growth potential. I have noticed the short selling interest has increased and with the current short interest it would take 13 days to fully cover, thus any sort of rebound could lead to further gains due to short covering. However with the market on edge another breakdown and ill be looking to exit.
Entry: 35.44
Stop: 33
Exit: 38
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