pardeepk
Long

Wait for DAV, long term trade

BATS:DVA   DAVITA INC
127 4 0
This will definitely be a longer term trade with low risk and high reward. Buy limit at the demand zone
So your plan would to be go long if we target the 117-119 area, and short 129-131 area.
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yes, i just learned about this so I am not really confident of it yet. There seems to be a lot of demand at that support level and a lot of supply at the resistance level. Your input would be appreciated
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I do not disagree with this theory at all. I would suspect US markets to take a breather after such a fast run. Probably will take the entire summer, next 4 months or even longer, for prices to consolidate and await next move.
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Agreed!
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