Saturday, October 11, 2014 4:53:32 PM
DNAX - Four Reasons to Buy
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Our #1 pick for next week
Buy, after an Elliott Wave 5-Wave Decline Sequence !!
DNAX Very Strong "Bullish Divergence" Chart Set-Up
* Note that the stock has dropped in an Elliott Wave,
5-Wave Decline Sequence.
* Always Buy a stock after a 5-Wave Decline.
* The stock is ready for an A,B,C Corrective Retrace
of its prior Decline.
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* The Chart Indicators point to a BREAKOUT any day !
* Note that the PPO blue Bars have been steadily climbing,
and are ready to cross the Zero Line
* Note that the RSI is trending Up,
while the Price has been trending Down.
They are moving in opposite directions.
This is the definition of a positive "Bullish Divergence".
* Note that the Accumulation Line has been steadily climbing.
* Note that the OVERSOLD condition,
as the price of the stock has fallen under
the "Key Support" of 0.001,
that was set in the last week of July.
* Note that the price of the stock,
is trading under the 8-day Moving Average M.A.,
when they are both under the 34-day Red M.A.
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