My prediction on DRN is that it’s going to break out to 78 range and go on the upside to fill that imbalance.
Double bottom increasing Vol Possible T/L break Stop out under 8.75$ first P/T 12.50$ 2nd P/T 14.50$ keep an eye on real estate news see if we get any relief in the market
Real Estate Alot of Room above - Long
Nothing to get too excited about. Seems to be in a channel right now, but a crossover may be forming...however lagging span is still in the cloud
Buy DRV or short DRN, both weeklies blatant. $DRV $DRN
expecting a nice pull back caused by leg day, then it should rebound nicely and gains will occur!
DRN weakness may bring it to the 200 SMA - If it makes it there, would consider a long entry
Broke down out of upward trend Retraced to .382 Trying to break below support RSI declining Z score trending toward zero EFI<0, declining Watching
Volume suggests look for bounce at lower green line IMHO.. See chart.