$DNA
Added 2023-10-04 19:14:10 +0000 UTCThat was extremely close by $DNA to becoming invalidated in its current form. The price came right down to the Wave 2 low on the chart and bounced, a break below this level means that Wave 2 is not complete yet, an Impulse Wave is still valid as long as the price does not go below the bottom blue line at $1.10 which I explained on the previous $DNA chart.
I still have no position here, especially while it is below the 50 and 200 Day MA, I am certainly more conservative than most investors, I have no problem waiting and giving up some percentage in order to see a firm reversal before buying, my thought process is that there is never a need to rush, if I miss something because I am being conservative, then that is no problem, I will get the next one.
Comments
R v R does favour the reward side here….so I hear you
Gareth Neary
2023-10-04 19:20:20 +0000 UTCCouldn’t stand it any more, started a position 😂 Thanks for the updates!
SLim
2023-10-04 19:19:38 +0000 UTC
