Deluxe Corporation
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DLX Sort Opporunity

244
An intraday high potential, Back Tested Sort Analysis.

We ll try to find an entry price within the expected pull back zone 73.23 - 76.23 as previously being back tested.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:

A butterfly pattern is shaped signaling a bearish movement.
Price is likely to move within the parallel channel.
OBV breaking down supporting trendline
DETAILS ON THE CHART

NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
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Chart apparently depicts sl instead of tp and vice versa.
Hence, S. L equals to 76.23 and T. P to 73.24.

Apologies for the inconvenience.
Best regards.
The trading statistics team.
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Stock has reached 80% of initial target: 73.43 instead of 73.23.
We consider that that the study has been implemented having with a statistical deviation which doesn't worth to keep us into the market.
We opt to exit at breakeven: 74.84.

Best regards.

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