SamSuka
The Long Investor
The Long Investor

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$DNA

Down nearly -3% today and lost its previous low, it is working its way through support levels now, the 0.78 Fib is at $1.43 and the 0.887 Fib is at $1.29.

Invalid Impulse line has been added here at $1.10 and I think I will continue to add this indicator to assist with reading charts.

ABC wave has extended and although it lost the low we were watching before, an extended corrective wave is not something that is a major concern, especially since we saw it happen to the market and it is fighting to recover.

$ARK have an overall average in $DNA above $11 and they continue to buy down at these levels, so I still believe, as a long term hold, this is at a price with a good reward side  

$DNA

Comments

I noticed several websites were quoting her average basis in the $10 - $11 range back in January. Seemed impossible to me back then, so I did the math for myself and calculated a $4.40 average. She has bought a tremendous amount of DNA since then at much lower prices, so yeah, I'd check your source on that.

SierraHotel

$11…..yep very high

Gareth Neary

11 or 1.1 ?

bastipeng


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