If You Need An XRAY, Here’s The Trade
InTheMoneyStocks.com | Mar 29, 2018 12:40PM ET
Dentsply Sirona (NASDAQ:XRAY) makes dental products and technologies. On Wednesday, the stock made a new 52-week low on the charts. Currently, Dentsply is trading around the $49.90 area. XRAY shares began tumbling in early January when the stock traded as high as $65.45 a share. Traders must now watch the $45.50 area for major chart support. This level is where the stock broke out of a one year base in October 2014. Often, when a stock breaks out of a long basing pattern that area will be major support when retested. I'll buy around this price level when it is reached.
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