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Gildan Activewear (GIL.TO)

We highlighted Gildan Activewear (GIL.TO) in early October when it was trading at $27.92, and since then, it has continued in the Double Top chart pattern in a column of X’s to where it is currently trading at around $35.79. It has now moved up to the resistance highlighted at $37.11, which is also in line with the downwards trend line started from its prior high in 2019.

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