TradingView
Nick_C_
Feb 28, 2016 5:57 PM

Digital Realty Daily Short Short

Digital Realty Trust, Inc.NYSE

Description

May have missed the boat on this one if Monday gaps down, a stagnant open would be a blessing. Price hit the monthly mode projection (blue box) and the weekly mode projection (purple box), in half of their respective time projections. Friday's huge selloff actually closed below the earnings level that was reported, with the recent top taking the form of a wedge with dying momentum. A rally into the low volume node, with a stop at a conservative 1 ATR from that level, would still yield an attractive 3R on your initial risk. Hope to see this one manifest.. GL
More