Short DXYZ a Good Idea?

Feb 22

All that talk about DXYZ being this and that. But, the analysis is in and this looks like it can trend lower. It has already crossed the 20 and 50 day moving average and is headed to test the 100 day moving average. We hopefully will see a stop at the 100 day moving average but for now, it looks to move closer to that 100 day moving average with a good $4 drop.
Let's see where it goes.

Mar 13

Trade closed: target reached

Talk about calling the top at $52 and shorting down to the 200 day moving average at $30. That was a great $21 pullback per share controlled. It looks like there may still be room for a squeeze but, this trade went well. Time to close and move on to the next.

Apr 3

Note

If you had stayed with this one an extra month. It still worked as planned.