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Aflac, Inc. (AFL) – Long
Entry – 80.70-80.58
Stop – 79.65
Target – 86.00-88.00
Nothing complicated here. AFL has been in an uptrend since the beginning of 2017 within an ascending channel. The stock is coming off another higher-high toward the bottom of the channel. A touch of the lower ascending trendline is the next long entry opportunity for AFL in anticipation of the current pattern continuing to play out. If it does not, the protective stop under the prior swing low will close the trade.
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