Not giving closer analysis on this stock.
Quick TA view:
Time cycles seem to match quite closely to the drops indicating unrest with stockholders during close to monthly cycles with roughly weeks recoveries to previous levels. We're still well within the trend line set in early 2017's. Two larger scale cup and handles have taken the price back to the trend...
DAN is a nice smart money short setup with significant insider selling. It also has great Money flow divergence. We think it has strong downside potential if it can break 26.90 level.
To play this we would consider $27 June Puts
* Trade Criteria *
Date First Found- February 27, 2018
Pattern/Why- Smart money momentum short setup
Entry Target Criteria- Break...