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Cree, Inc. Quick Short Level



October 03, 2013 – Comments (0) | RELATED TICKERS: CREE

Cree, Inc. (NASDAQ:CREE) has had a monster move higher. As it continues to surge in a weak market, the quick swing trade short level has emerged. Please note the chart below. This is a classic gap fill and double top level. Look for a one to two day pull back in the stock, good for about 5%. The level to short is $76.05.

Gareth Soloway

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