Signal is momentum pinball and The Anty

20 ก.ค. 2020

I see some upside potential in DASH, due to the following signals:

1. Momentum Pinball shows very oversold levels, which historically has led to a good sharp rally
2. The ANTY is triggered today on a break of yesterday's highs.
3. The 1 hourly chart shows a clear spike on opening bar for the week, and volume interest is Higher than average.

strategy:

4. I will add to a test of recent lows about -5% below.
5. If price can rally past the DOWNTREND line at about $74.50, I will move STOPLOSS to BREAKEVEN.
6. I will hold multidays for a retest of recent highs around $89.50 for a profit of +25%.