IEP ANALYSIS

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A friend asked my opinion on this stock. This video is for teaching purposes. Keep in mind that this is my opinion, and I could be very wrong about this stock. There could be other reasons to enter a position depending on a person's trading style. My trading style is stage analysis and CANSLIM.
Note
Correction: I said that the industrials are trading 11% below the 50 day, but I meant to say the industrials are down 11.3% year-to-date
analysisBeyond Technical AnalysisChart PatternsiepstageTrend Analysis

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