NYSE:DQ   DAQO NEW ENERGY CORP AMERICAN DEPOSITARY SHARES, EACH REPRESENTING FIVE ORDINARY SHARES
40 4 1
wait and see
mduck NickCoulby
is it too early to hold the short?
Reply
I would wait for a bearish reversal on the daily stochastics/new one bar low (this is an objective entry technique).. As the wave count suggests a W5 is still to come, although truncation is not out of the equation.. Would still be more comfortable flowing with the sell swing than shorting in a bull swing
Reply
mduck NickCoulby
make sense, but the entire market is still choppy, I still want to wait for the next step it makes. Since going long now is kind of risky now, If the market goes bad, I would consider short at 43-44
+1 Reply
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