DODG - Round 2?
DODG looking like it may want to squeeze up more soon. Regression trend down off the recent high showing the potential for a reversal back to the upside with fairly strong divergence off the regression channel midline. BBs have gotten tight again on the 4-hour and shorter timeframes indicating a directional change. Volume appears to be swinging back to bullish. DODG is not oversold on the daily chart. Will look for confirmation of the move and add (or not) based on direction.
With lots of strong support at this price from the Feb 2021 run-up, seems like a relatively low risk entry.
Maybe they are letting DODG run a bit to help provide some cover for the FTX shenanigans.
NFA.
With lots of strong support at this price from the Feb 2021 run-up, seems like a relatively low risk entry.
Maybe they are letting DODG run a bit to help provide some cover for the FTX shenanigans.
NFA.
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.