In my previous DESO post I talked about my accumulation strategy and charted DESO staying above the green line and potentially taking the purple path. I SODL when it broke the green line around $27.35.
I bought back at $24. I was able to accumulate 11% on the drop and went from 300 original DESO to 333.
I still think DESO could go to $35.5, come down some and then up to $54 in the next couple of weeks.
However, in the short term, I am watching $25 or whenever it gets close to the 1st red descending trend line and then $28.2 on the upper red descending trend line.
This is not trading advice. The market could still crash and DESO could go down. I am just sharing my strategy and trades to accumulate DESO.
I bought back at $24. I was able to accumulate 11% on the drop and went from 300 original DESO to 333.
I still think DESO could go to $35.5, come down some and then up to $54 in the next couple of weeks.
However, in the short term, I am watching $25 or whenever it gets close to the 1st red descending trend line and then $28.2 on the upper red descending trend line.
This is not trading advice. The market could still crash and DESO could go down. I am just sharing my strategy and trades to accumulate DESO.