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cdickersonjr

DAC Breakout / Breakdown

Danaos Corporation (NYSE:DAC)  
cdickersonjr  
NYSE:DAC   Danaos Corporation
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Looks to be in a long sloping flag pole, got caught on the MA200, RSI oversold.

Breakout -
Entry above trend break, high volume would make it better, implied move would push to test ATH

Breakdown
Entry below trend break, high volume a must. Implied move would be to the fill of GAP
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