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Friday, March 29, 2024

Comment by David Ristau

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  1. David Ristau

     Oxen Report Morning Levels

    ERX/ERY – ERX has lost a lot of its value and now ERY is actually up. Not too concerning because we are interested in movement post-report, but if things continue to dwindle away for ERX, it could present a situation where ERY may not have a lot of increase if inventories are weak. A more sideways movement would be better for us. ERY does have a lot of upside due to getting killed the past two days, however.

    HELE – Still at 21.22 in pre-market trading. We are not going to adjust our entry range, but be careful to readjust down to a lower entry price if this one opens down much more significantly than we had anticipated.

    Happy Investing!



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