News Focus
News Focus
Followers 24
Posts 1108
Boards Moderated 0
Alias Born 08/07/2009

Re: tothe post# 51942

Saturday, 09/02/2017 12:27:15 PM

Saturday, September 02, 2017 12:27:15 PM

Post# of 58073
Volume hasn't been that great during this gap down, I'm not believing this is a real trend reversal. Down 17% yesterday on 7mil shares vs DRYS doing 20/30/40mil+ on the recent run. DRYS was using the 38.2% fib for the support at the $2.90s, now we're at the next strong 61.8% correction and that just so happens to rest on the $2.25 gap we filled yesterday. I'm thinking we see a good bounce on Tuesday, and if we have volume of 10mil+ that would be perfect.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today