Today should have been the day that this happened what with the DJIA 200 pt rally. Instead we got the chart below. Putting in a small DDT right at resistance is not what I would consider a bullish indicator to say the least.
Perhaps the chart will morph into that shown below. I had a sizable position in this until today's close where I dumped it all. Maybe it will break out later this week and I will get back in at a slightly higher price but I am small positive on my overall position here and do not want want to risk a trip back down to the low $1 range. The data said that I did not have the odds in my favor and so I listened to that.
1 comment:
I think this may be the DT resistance line to follow: http://schrts.co/gA5ZFB
Post a Comment