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[ospreyeye]

DDCC Chart: Parabolic SAR flipped to a Sell Signal Alert.......Bearish Engulfing reversal pattern formed Fri......Mon.'s lg red candle & lower closing share price confirmed the sell signal......

After cruising for 5 weeks in the upper BB channel between Middle BB Support & Upper BB resistance, support finally broke on Mon. & the share price dropped to MA(50) @ 0.0202.......

As the long lower tail on Mon.'s candle shows there was solid Supoort @ MA(50).......that is the 1st level of support today.......2nd level is MA(100) @ 0.0177......& below that is MA(200) @ 0.0139.......

MA(50) should hold on a pullback, but if doesn't I would definitely expect MA's(100 & 200) to hold.......they're the big ones.......Fast Sto @ 21.74......ready to hit under 20 Oversold zone......RSI @ 48.03......dropped below 50 for the over 80 power zone,,,,,

MACD is hooking down & headed for a Bearish Crossover......DMI w/ADX is following suit & headed for a Bearish Crossover.......FORCE shows the big drop through Bearish Divergence........

DDCC down two days in a row......after the big 5 week move it took two days to wipe out 17 das of gains.....like the saying goes, "stocks drop twice as fast as they go up.".......

DDCC on bounce radar......a Doji or White candle will for the reversal.........keep an eye out for them......$$$