Out of hype downturn and into the growth phase... Buyout is possible but i hope they don't now...
If bullish momo continues, ema50 may pose some resistance before testing the resistance of S1 pivot. MACD recent Bullish cross over. Plan and stalk your trade.
Resistance near R3 pivot. No need to rush in long despite SMA50 (Red MA) having a positive slope and SMA200 (Black MA) slowly becoming flat sloped. Expecting some near term profit taking. As long as there is support near 8.50 and your technical and fundamental analysis conditionals are satisfied, be patient and stalk your entry.
Just jamming what I see in the tea leaves for this stock. Rally up to break bear trend channel. Pull back to fill gaps around 8.30 and 7.55 before rally back up and heading towards $10.
I see that on the daily chart DDD selling is stalling and flattening out. It seems to be working on a triangle here at the bottom. So I've charted out a few ways one could enter this long side. DDD seems to be consolidating inside the triangle. There could be several buying strategies. 1. buy the breakout (close above) of the diagonal green downtrend line 2....
Consolidating recently. ER coming up 2/26, MA x-over on watch today through earnings before ER play.
- MACD bottomed out. - Fisher Indicator bottomed out. - Price seems to have found support at resistance of the previous breakout. - Price was highly speculative on takeover rumors, but has seemed to settle. - Nice profit/loss ratio with a tight stop. - Use SMA(100) as a breakout signal