Dc1392

DS Daily chart.

Long
NYSE:DS   Drive Shack Inc
Looking at the daily chart again on DS i really like what i am seeing. First the price went above the 50 sma line and if you look at the recent candlesticks the stock seems to have been consolidating or trading sideways. Hopefully with earnings tomorrow this can move up and perhaps reach new highs. The RSI shows it heading up while the MACD is closing red and ready to turn green. Last earnings they beat estimates and with vaccines going out in larger quantities every week, and with states starting to reopen at limited capacities this can be a good time to get in. Do your DD. Stimulus package includes money to companies and i am not sure but DS should be getting some help.