» » Downtrend in SOBI looks set to extend

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A short and brief Elliott wave four correction hints of an extended wave five lower for Swedish pharma company SOBI. We have only seen one swing lower in this stock within context of the current down trend that began about a month ago. A potential breach of support implies that wave three the strongest and the longest of this move is coming.

from Tools feed https://www.tradingfloor.com/posts/downtrend-in-sobi-looks-set-to-extend-7316198?utm_medium=tf4-feed&utm_source=extract
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