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GSX Techeduc Stock Chart Buy Level Approaches

Shares of GSX Techedu Inc (GSX) are falling sharply today after the company reported earnings that did not meet lofty investor expectations. The stock is down 20% on the day and 60% from its all-time highs in July 2020. Based on the GSX Techedu stock chart, investors should expect downside to $46.25 in the coming days/weeks. Once there, GSX Techedu chart has major support and becomes a strong buy for a bounce. From this $46.25 support level, GSX Techedu stock chart signals an upside swing of as much as 50%. This creates a very attractive risk/reward swing trade.

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Major GSX Techeduc Stock Chart Buy Level shown below…