The impulse wave of this security looks a bit like an Arc as it is an extremely steep climb.
Very wide rectangle with a triple top at the resistance level.
Looks like a Bat is forming but too soon to tell.
There is a gap below price. Price could sail right through it or it may provide temporary support.
If one were to enter this short, a break in to that gap may be a good short entry level.
Short interest is around 17.4%, so IT IS on the high side.
Analysts appear very bullish on DDS. Analysts are lagging indicators and I try not to buy or sell based on analyst's upgrades or downgrades.
No recommendation.
If this is a Bat the .886 is at 210is and the 1.113 is at 176ish. The .886 is at the 50% retracement level so there is confluence.
Weekly chart
Very wide rectangle with a triple top at the resistance level.
Looks like a Bat is forming but too soon to tell.
There is a gap below price. Price could sail right through it or it may provide temporary support.
If one were to enter this short, a break in to that gap may be a good short entry level.
Short interest is around 17.4%, so IT IS on the high side.
Analysts appear very bullish on DDS. Analysts are lagging indicators and I try not to buy or sell based on analyst's upgrades or downgrades.
No recommendation.
If this is a Bat the .886 is at 210is and the 1.113 is at 176ish. The .886 is at the 50% retracement level so there is confluence.
Weekly chart
Comment:
Hard one for sure!
Comment:
9/21 I short more every time it pops $10. Tough one to hang with. Volatile as a volcano