Sally Beauty Holdings (SBH)

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new channel bottom? These 2 points on May 13 and 15 indicate another low which will be revisited new channel top 3 points These 3 points on the top don't look good. When considered with the converging line from the new channel bottom, it looks like Sally will compress the trading range, then go who knows where? old channel bottom This is where the bottoms should line up. Great BUY points whenever Sally approached this line.

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