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.Comments »