AI
Tuesday, June 30, 2015 12:08:29 AM
$DSKX charts: best bounce candidate I see out there
Firstly it's a breakout chart. Perhaps that high is as high as it'll ever go in the short-medium term but this type of chart tends to bounce after it pulls hard
Secondly, it's down 50% off its highs fairly quickly and when they begin to speed up to the downside, capitualization takes shape.
Thirdly, Some fibs point right at this area for loading zone as well as it being price support on the chart
Firstly it's a breakout chart. Perhaps that high is as high as it'll ever go in the short-medium term but this type of chart tends to bounce after it pulls hard
Secondly, it's down 50% off its highs fairly quickly and when they begin to speed up to the downside, capitualization takes shape.
Thirdly, Some fibs point right at this area for loading zone as well as it being price support on the chart
I only know this due to white entitlement, clearly.
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