DY showing good reaction on touch of lower side of trend channel. Have a buy limit there for a better entry than market. idea also good for a very tight stop loss and therefore good chance-risk-proportion.
I'm out on a break. For now looks great.
Selling post-EPS is overdone.
Nice move, nice gap the other day, good follow through. Looking to short the retest of the 200 SMA on daily
Not taking this formation as a rising wedge due to the volume. Volume does not appear as if it is trending downwards. Also , rising wedge rarely exceeds 3 or 4 months long. Please do not trade this chart :> and as always , all kinds of TAs and FAs are welcomed in the comments . I would also like to point out that I am not confident with the measure for the...
DY pulled back to the demand zone highlighted in yellow. Entry is also at former resistance which should now act as support. Entry: $90.05 Stop Loss: $ 87.46 Target 1: $93.50 Target 2: 97.50
* Reversal underway on daily * Watch for resistance at RSI=50 on weekly