PaperBozz

$LEVI - Descending wedge breakout? $20 near term possible

Long
NYSE:LEVI   Levi Strauss & Co
LEVI could be in the process of breaking out. If the price can get above 200 DMA $17.52, the stock can see further upside.
Target 1 - $18.57
Target 2 - $20
Target 3 -$22
Risk - Fall to $14.50 worst case $12
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.

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