DNN ran and hit our targets (exceeded them), so now it is time to consolidate. Today we broke support, so I would look to rebuy around the 200MA around .85 cents.
Seems like you're jumping the gun a bit. Calling this on a friday when 2/19 calls are expiring after a bit of hype seems like the likely cause of the dip.
blackwell33
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@ericdlund I’m not calling anything, just providing an observation. You state fundamental factors, and I’m only presenting what the chart is saying, on a technical basis. It takes two opinions to make a trade, after all!
Bitwet
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Thank u for the guidance I bought in and lost 23% bad move on my end. Will wait till .85. Been trying to learn for two years the market hour after hour still no real gains. Any recommendations or indicators you use that may help guide me better thank you
blackwell33
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@Bitwet Keep digging and working at it! I’ve been charting for many many years. The market is a crazy animal and as soon as you think you have it figured out, it teaches you another lesson. Keep reading and watching and find what works well for you. There’s no real “right way” to do things.
jon43956
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@Bitwet, a good read and study.
Charting and technical analysis
By.Fred McAllen