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Amid the market carnage, Wendy’s might be better off than most

Ambitious longs looking to play a bounce when and if one arrives might take a look at Wendy’s, a stock we check on periodically here:

The fast food chain, which recently shed itself of its Arby’s stores, has certainly dived along with the rest of the equities markets, but closed Monday not to far under critical support at $4.50. If it reclaims that on the open, a small position with a stop around $4.40 might make a low-risk swing trade.

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