DFFN - DIFFUSION PHARM INC FORECASTDFFN gave a good 'back up the truck' buy signal but did manage to slip below white line. My open position at 0.78 is still in play as my stoploss was too far below white line to be triggered. Im glad it didn't get triggered because DFFN still looks decent. Tradable patterns can be found on lower time frames so I am going keep this one active unless it makes a new local low. THIS IS NOT TRADING ADVICE. DO NOT BLINDLY FOLLOW THIS TRADE.
DFFN
$DFFN cup & handle 1HR1HR Chart on the handle of the cup right now as well as a touch off the .86 support line on its way back up too over $1.00
DFFN 67%DFFN is a bit of a sore spot for me...this is one that i bought on the fake-out break-out back on dec 04...waited for it to come back down...order filled...and it kept going down...panic sold dec 21 for a 15% loss only to watch it start to climb the next day...had i held, i would be up 45% right now...the lessons?...never panic...always trust your gut...and...dont run from profit out of spite...now that the long-winded story is over, and we've had a few weeks of consolidation, i'm ready to get back in...buy in is $1.13...target is $1.89 (67%)...expect resistance at the 300 day ema (green line)...IT'S YOUR MONEY, DYOR!!
