The Odd Couple

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Here are a couple of short ideas that I don’t think I’ve shared before. The first is Banco Frances, which operates banks in that most stable of countries, Argentina. The failure of the long-term trendline caught my attention.

Looking closer, you can see the breakdown in detail. I’ve got a stop set at $13.40.

The other chart, which has nothing to do with the first, is Century Aluminum, which is in the throes of a fourth reversal pattern.