butcher42

butcher42

2 criterias for breakouts with FLT-C : - Break a minor downtrend - Be above 50MA With these criterias, it worked 4 out of 4 times. Each time it grew at least +25%. We're at 0.66 The 50MA is at 0.69. We just broke the minor downtrend. We're sitting on the uptrend. We just formed a head & shoulders short-term. There is a larger head & shoulders under...

butcher42

After -36% almost non-stop in 17 days, we are back in the zone with potential supports (and reasons for the drop to stop). Here is how we could look at a reversal : VOLUME : Since Oct 13th, went from very small volume to 3x volume size on the 20th (highest daily volume for DKNG, all-time), after which it dropped by half. This is a "movement-ending volume". The...