You need to check if this technical review matches the fundamental which is very vital for those of you who want to enter a trade that they want to hold a longer period..highly recommended to see if the stock fits their investment philosophy. As you can see from the chart, the stock had a decent run from Feb low ...
Former momo darling reacted exactly at support/demand zone that started the break out on huge volume.
Now breaking the down trending channel, backed by reverse bullish divergence.
Good R/R, remains to be seen how high can go again
Down 35% from an earnings report that was actually in my mind positive. The most recent support is 7.68. If it climbs back to its regular price between 10 and 11 that could be a 30% profit. Q4 earnings are in one week and the expectations for it are low. Market for DANG is supposed to double in China within the ...