Real estate market bouncing backMy prediction on DRN is that it’s going to break out to 78 range and go on the upside to fill that imbalance.
DRN trade ideas
DRN possible longDouble bottom
increasing Vol
Possible T/L break
Stop out under 8.75$
first P/T 12.50$
2nd P/T 14.50$
keep an eye on real estate news see if we get any relief in the market
Ichimoku - Possible long signal for DRNNothing to get too excited about. Seems to be in a channel right now, but a crossover may be forming...however lagging span is still in the cloud
DRN Nice bullish patternexpecting a nice pull back caused by leg day, then it should rebound nicely and gains will occur!
DRN may be headed to the 200 SMADRN weakness may bring it to the 200 SMA - If it makes it there, would consider a long entry
Short DRN?Broke down out of upward trend
Retraced to .382
Trying to break below support
RSI declining
Z score trending toward zero
EFI<0, declining
Watching
Volume suggests look for bounce at lower green line IMHO.. Volume suggests look for bounce at lower green line IMHO.. See chart.
