Wednesday, May 18, 2011

DDS : Follow the Triple MA down.

Stochastics for the 15mins chart is extreme O/S. Actually scrapping and turning up.
However prices has tested the upper band of the MA and closed below it.
In this case MA takes precedent of the Stochastics.
On daily chart, gap starts at $49.
Expect prices will close the gap or come close to it.
Market heads seems to be talking the market up.
Expect more downside for now.

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