A Bearish Engulfing pattern confirmed a gap in Digital Reality Trust today. Last rally looks quite overextended, offering an at least 2:1 reward/risk.
NYSE:DLR The symmetrical triangle is a pattern that we consider in our strategy, but it is not the best in terms of statistical results. In this case there has been a three year long phase in which the value has bounced in a range, and now it has brokenout a level on the symmetrical triangle. We are interested in entering Long to ride a possible new bullish...
150$ is a solid target for this stock, i dont know if we will get there
The stock exchange is declining. A good chance to buy? Yes, but look for stocks which may have found its bottom already.
We have now: - reachd the bottom of the upward channel, - retraced he rise from 102 to 113.
Having taken the good profit of the rise I think that it is time to correct now because of we have reached the top of the channel.
We are moving in this channel since the beginning of the year. Today we made a new high so that we may hope that this channel will be followed further.
May have missed the boat on this one if Monday gaps down, a stagnant open would be a blessing. Price hit the monthly mode projection (blue box) and the weekly mode projection (purple box), in half of their respective time projections. Friday's huge selloff actually closed below the earnings level that was reported, with the recent top taking the form of a wedge...