Looks like the DDD bubble is continuing to unwind this morning, with a bad chart getting worse.
Momentum, indeed, cuts both ways. And stop-losses are paramount when trying to scoop up shares, especially on the “other side of the mountain.”
Elsewhere, the market is a choppy mess this morning, though FB is still best in class among the leaders.
Keep an eye on ACHN to see if it holds over $11.50 for a squeeze higher.
In addition, failure of crude oil to hold a bounce remains an inter-market concern, due to deflation implications.
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How low do you think DDD can go here? Room to $32 perhaps?
I think so.
Nice call Chess on the Ebola plays from diminishing sell volume! Sold Lake +4% for quick day trade
Nice. I stopped out for a loss. Got my timing off on this attempt.
Damn just saw LAKE back down at lows may buy in again…lol
Good lord ANGI in the dog house again. 5 straight earnings miss
USO quickly recovered from the inventory numbers 10:30. See if it sticks.