DesireToTrade

DWAC Short Opportunity

Short
NASDAQ:DWAC   None
1D Bearish Divergences: HIST, RSI, Stoch, MFI, ADP
1D MACD is Negative
Wave 5 completed on Feb 2nd, 2022
Confirmation of Wave 5 completion on Feb 15th as a double top formed.

Short Opportunity:
-TP: .618 fib at $55
-SL: Above last high at $85.5

If SL is broken, expect retest of old highs
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.