LeLaf
Short

DGLY Ascending wedge, reversal figure

NASDAQ:DGLY   DIGITAL ALLY INC
416 12 0
Very steep wedge . If wedge is broken, may fall hard.
Now flagging. Is this thing gonna go even higher? Wouldhave to redo the graph to be sure.
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Down trend for now. May close the gap down to 18,66$. No position for now..
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Pumped hard. Like a balloon, will pop eventually. Poor guys who both high on hype only. I'm seeing this back in low 20s today on profit taking.
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Can't go up forever on hype only. Will it be shorted soon? I hope so.
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Well, hit the theoretical short. Guess the hype is a bit too high to short this for now.
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Up 7% in pre market. I'm not expecting a huge green day like the ones we've seen this week. Could reverse if not strong enough.
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Still a very steep ascending triangle. May break again next week. Obviously, good news could also increase the uptrend.
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Up in pre market on a 1M$ deal. DGLY will need more than one contract to keep this in the 13-14$ zone. Lest wait and see what happens with the market today.
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Evening star formed mon-tue-wed. Another major sign of continued down trend. Longs are taking their profits and run.
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Downtrend is continuing today. People are taking their fair share of profits and shorts are waiting for a bigger fall. Wish I had some short sales on this one...
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