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Shorting this MLM Name
If there is one industry that I hate with a passion is multi-level-marketing schemes. These people take advantage of other's desire for success by putting them into a legal pyramid scheme. Although wildly profitable, none of these businesses will be around in years times so I am looking to continue to play short opportunities before its a donut.
I'm shorting USNA here at 83 with a stop at 85. Looking for this trade to work right away and I'm targeting the absolute retracement levels down to the 65 area if it keeps working well.
Came from our prop trend indicator