DBRGGreen: Entry Point
Blue: Start of Week
Red: End of Week
Thumbs Up: Trade Available for Week
Numbers: Price Targets
*For share traders only. Not meant for options.
DBRG trade ideas
$DBRG Double Top BreakoutIn technical analysis, a Double Top Breakout is a bullish signal indicating the reversal of a prevailing downtrend or the continuation of an existing uptrend. In the case of NYSE:DBRG , the stock appears to have formed a Double Top pattern, which is characterized by two distinct peaks at roughly the same price level. These peaks are separated by a moderate trough, creating a resistance level that the stock has struggled to breach on two occasions.
The breakout occurs when the stock price successfully moves above this resistance level, ideally on high trading volume, confirming the pattern and signaling a likely upward movement. Traders often view this breakout as a strong buying opportunity, particularly if the stock has exhibited robust fundamentals or favorable market conditions that further support the bullish thesis.
It's crucial to implement risk management strategies when trading based on Double Top Breakouts. Traders often set a stop-loss order below the breakout level to minimize potential losses in case the pattern fails to sustain its bullish momentum.
In summary, the Double Top Breakout in NYSE:DBRG suggests an optimistic outlook, and investors may consider it a favorable point for entry. However, as always, due diligence and risk management are key.
DBGR saty ribbons long signaledstock has been preforming and is below market maker price expectations still. crossed over the ema and long is signaled by saty ribbons
DBRG is taking SWCH private? What now?Well, right after data center infrastructure stock SWCH announced solid 1st quarter earnings results, we get an announcement that it's going private. DBRG and IFM Investors are taking it private for $11 billion. Shareholders will get $34.25 per share on the transaction.
The price action gapped up to around that level and it will stay in this range until the transaction is complete and SWCH shares disappear from the exchanges.
This looks like a good thing for SWCH fundamentally, as the company continues to expand its data center capacity. You need investors to keep buying up land for data center infrastructure.
Solid Revenues and Net Income growth make the purchase a sweet deal for NYSE:DBRG and IFM, which is not publicly traded.
But don't go running to buy the REIT DBRG just yet. It's taking a dive like most other large caps. And an acquisition is a costly thing for any company--this can put a dent in the trend of the share price.
Like I've been writing throughout the index correction: WAIT for the bottom to develop. Most traders and investors are just impatient. If you'd just wait for it...
Thanks for reading, hope you learned a little something. Visit my website to learn more.
DBRG LongTrendline break
At Support Zone
Entry 6.6
Stop 5.5
Target 10
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
