DHT had this marked off as my trigger based on some threshold indicators I made. It shows the area I wanted to hit that matches or breaks a previous low based on the thresholds. If we get a plug through all of them and it bends my red line down it should find support and rebound. Not much movement to reclaim high. But most of these go a 1:1 distance down to up over original price when I drew the target. So I anticipate at least a $2 push.
This is more of a test with real money because I didn’t have the cash to do sedg which was the same kind of move just more aggressive and it went $10. I believe it was a one candle slam for -$7 and just now hitting $26 from $16. I imagine sedg slowed down to make up for the aggressive fast pace in the beginning.
If that’s the case then this stick with its slower pace down might be faster on the take up. Currently in the news there are a lot of positive pumps to additions to their. Fleet. So it could be a setup to encourage a profit run
