Dish is in a down trend seems to have formed a bear flag and would be a good short on the breakout. Bearish volume is picking up and price is hitting strong resistance. Momentum seems bullish however so I would only short on the breakout or just short lightly.
There is what looks a hidden head and shoulder's bottom with target price of $72 area, but we also detected top triangle which is bearish and has a measured target price at and around $58.50. If you decide to take bearish trade, make your stop at recent swing high. If you are interested in real time alerts checkout www.2waytrading.com
