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Today we start the webinar by looking at CNC on the 5 minute chart. Initially we see a nice bounce spot off of 2 key moving averages (50 and 200). After letting the chart play out a little better we see a relatively clear pattern of support along with lower highs. We set up the trade plan and let the chart unfold. We see CNC continues to bleed down for almost 2 hours. While it was prudent to take some profits at your target, this is why we trail our winners.