Nobody likes charting when there are down days, those feel good...

Nobody likes charting when there are down days, those feel good hormones stop as you watch your stock value evaporate into thin air. I believe that you learn more from down days / periods than you do from up days / periods. Nobody wants to feel bad, which is exactly why it's important to analyse what is currently happening.

The double top has now been confirmed, with Friday's trading being a retest of the buying strength above the neckline. As you can see, nobody in line so down it goes again. Algorithms are now hunting that 0.618 retrace at 0.205 with a vengeance, smashing through the low volume barriers and potentially picking up some stop losses from all buyers who bought at 0.2 and above.

All upward momentum feels like a thing of the past. This would be a perfect point to cash in profits and walk away, the DEV run is complete and find something else if you didn't believe in this stock.

This stock has taught me more about technical trading in between fundamental announcements than any other one for a while. Future game plan as per KD's idea, 'I could have traded some'