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$DVMT Pocket pivot providing an early long signal
Long
$DVMT Pocket pivot providing an early long signal
By trad3r9
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Nov 29, 2017
1
Nov 29, 2017
The pocket pivot day yesterday (Nov-28) is a potential signal for an early trend continuation entry with a tight stop of roughly 4%.
The Point & Figure count for the consolidation trading range from Feb to Aug this year has a price target of 90-95, which is still good R:R.
Earnings are due on Dec-07 so a buffer is required to hold through it otherwise the risk may not be worth it.
Chart Patterns
Trend Analysis
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