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Re: zino post# 1475

Wednesday, 08/08/2018 2:00:30 PM

Wednesday, August 08, 2018 2:00:30 PM

Post# of 73927
The area of .0046 is a prime spot for a reversal for DCGD off the last 3 days of retracement. So far the breakaway gap that developed last week has not quite been filled. The 3 down days we have had in a row has had very little volume and as previous stated the On Balance Volume Indicator is staying up near its highs.

On sub-pennies I don't put a lot of weight in tech analysis but it is cool that the .0046 support area is near the 61.8% fib retracement level down from the Aug 2nd high. Will be interesting to see if we can continue to close above this support.

Looking forward to new merger updates. We could be on to something here...with the volume spikes we saw last week and price surge its clear that someone or group with money is betting big on DCGD.