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Go Long CEL, Short DTV

Cellcom Israel ready for another leg up; DIRECTV encountering overhead resistance


The market is continuing to build on its impressive gains. We’re seeing a morning doji star candle pattern forming, which could be a good sign of a short-term bottom finally forming in the S&P 500. The key is whether it can reclaim the 20-day moving average and 1,200, or if it will just sell-off after testing it.

Long: Cellcom Israel Ltd. (NYSE: CEL)


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