Trade Ideas: HLEX

Relatively low risk trade depending on which stop you choose to use. Nice test of the prior reaction high as the rally started in 2003 continues. Chief negative is the MACD "sell" trigger; so stops are important. The point-n-figure target of $59.50 is not outside the realms of possibility, but look to resistance at $40, $45 and $50, the latter in particular.

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