DOGE - It's Happening Again - I can't not buy it...
Well. Doge is at it again. Obviously yesterday's big push has me excited. I exited a swing trade after a few days +12%... but now I'm looking at getting back in (see linked idea below) but this time for a play that could take a bit longer to finish.
Here's why I'm looking at getting back in:
- Clear establishment of a double bottom
- 1, 2, and 3 day RSI and DMI are bullish
- Previous test of neck line was rejected - but second pass could break it
I'll have a stop limit sell order to limit my risk, but the more I'm looking at this the more I'm liking the possibility of a longer play to see the W pattern play out. If that does happen, I could see doge in the $0.078 to $0.088 range.
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