Long
$DGB Bull Flag, not Pennant
Yesterday I mistaking called a Bull Pennant. 
DGB corrected me by dropping through my pennant. Upon further reflection it better fits a bull pennant. Still looking for a significant bounce with this action. Looking forward to watching this develop over the next few days.
DGB corrected me by dropping through my pennant. Upon further reflection it better fits a bull pennant. Still looking for a significant bounce with this action. Looking forward to watching this develop over the next few days.Note
DGB broke down below the formed pennant. There's a horizontal support there around 490 as outlined below. This should give a good bounce point and will re-evaluate. If it breaks below that horizontal its time to exit the trade.If we bounce I still think this has a good chance at a significant return.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.