WB: I believe DFS has broken support already.
I calculated it at around $20.20. It broke down to about 10 and change before trying to get some back. However, given the volume indications with relation to the price relative to its lows, coupled with most of the other indicators, I believe some reasonable downside's in its future.
That being said, I short-term straddle might not be a bad hedge from here.
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