Chris re: T/A on DNAP
Well, we crossed the 30 day m/a on Tuesday, so no wonder this thing ran like it did.
The RSI and Stochastics both look pretty high, which points to exactly what you were saying -- lot of resistance. I would almost want to trade this thing...But I have a feeling I might screw up like I did with that 'other' stock. So, not even taking my chances.
So, I see some softening tommorow, then a heck of a run after the First of January....especially if one MM is one this...We know what happens with that!
Good T/a, Chris!
FM
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