DWA expected to open at 18.90 for a Gap N Go. Last candle is bearish on the 1hr chart. To learn to trade this strategy for free, go to www.RealLifeTrading.com
I think $DWA is going to 30$ wich is what they are willing to sell for. On the technical side:
- All relevant moving averages are turning up
- Stock jumped and is holding just above YTD VWAP
You could put a stop on todays lows. Decent Risk Reward play