DDS is headed for the little, red box.
This is a key consolidation level. The previous quick selloff stopped here, so prices will likely return. Also, there are many trap options due to expire in the box.
It will probably do a couple of small hops before reaching the target.
This is a key consolidation level. The previous quick selloff stopped here, so prices will likely return. Also, there are many trap options due to expire in the box.
It will probably do a couple of small hops before reaching the target.
Comment:
OK. I see it bounced off of the previous August resistance structure which became support. Then it moved up to retest September 11 resistance. If it breaks up again, it will likely retest the 71 level. I will keep learning and testing my ideas...
