Shorting Opportunity In Cellcom Israel

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Shorting Opportunity In Cellcom Israel

By John Lee on October 6, 2008 | More Posts By John Lee | Author's Website

A reader just made me aware of a perfect shorting opportunity in Cellcom Israel (CEL). Now would actually be a perfect time to enter a short position to be held for at least 3-5 days. Using the 50-day MA as a guide, the pullbacks into resistance are orderly and predictable. The highest likely move for CEL is down. No long positions please.

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