All that talk about DXYZ being this and that. But, the analysis is in and this looks like it can trend lower. It has already crossed the 20 and 50 day moving average and is headed to test the 100 day moving average. We hopefully will see a stop at the 100 day moving average but for now, it looks to move closer to that 100 day moving average with a good $4 drop.
Let's see where it goes.
Let's see where it goes.
Trade closed: target reached
Talk about calling the top at $52 and shorting down to the 200 day moving average at $30. That was a great $21 pullback per share controlled. It looks like there may still be room for a squeeze but, this trade went well. Time to close and move on to the next. 
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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.