for any gunslingers out there. this little sucker is volatile so beta-adjust your position size accordingly. a long here with a stop below yesterday’s lows or the trendline (probably best to stop below yesterday’s lows) could produce a quick trade if DEXO gets a reaction of the re-test of this previous broken, well-defined downtrend line. i’d have more confidence in the trade if the intraday charts looked more bullish but i still think it could be worth a shot as a hit of T1 would be close to a 20% gain. however, if we do get that type of reaction, this one could go a lot higher over time so i may add targets to the trade if it starts to play out.
