DAC currently breaking out on the last day of the year
This breakout is with low volume, so there are some concerns for taking this trade. But there are some buy signals showing up..
Entry would be now before close, or be patience and wait to see if it clears the 100 MA
Entry - $75.50
Target - $89
Stop - 2 ATR = 6 ($69.00)
Risk to Reward - 2:1
This breakout is with low volume, so there are some concerns for taking this trade. But there are some buy signals showing up..
Entry would be now before close, or be patience and wait to see if it clears the 100 MA
Entry - $75.50
Target - $89
Stop - 2 ATR = 6 ($69.00)
Risk to Reward - 2:1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.