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AXL: 3 Falling Peaks Aiming to Initiate A Type 2 Return to $1.00

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NYSE:AXL   American Axle & Manufacturing Holdings, Inc.
AXL, after giving us a decent type 1 reaction of the 0.886 PCZ, has now begun to slow down and has developed a 3 Falling Peaks pattern with a 4th lower peak for good measure, and it now looks to make a type 2 return to the HOP level, which would take it just below $1.00 if it plays out.

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