Daytraders After Market Beer Garden 1st Dec, page-12

  1. 6,496 Posts.
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    DKO chart - textbook. We've seen a low, lower low, higher low, hammer with long shadow. Today was also the first day with all trade above the 90 day SMA - one of the most reliable buy indicators.

    The SP has been forced into a downward consolidation for nearly 3 months, which pushed an active company to an EV of zero. Today's trade seemed like honest trade and genuine buying which is a good indicator the consolidation is done. Expect a pump in the next few days.

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