SamSuka
The Long Investor
The Long Investor

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$DNA

Still waiting to confirm support here, the price went as low as $1.78 today and managed to bounce since then, if this is the start of the reversal than we need to see $DNA starting to hold above this $1.78 level and make a series of higher highs and higher lows.

We then want it to get above the previous Fib level at $1.90 and hold above there, this is showing that it is finding a higher support level and then ultimately, when the price goes above the 50 Day MA at $2.06 and holding, this is further confirming the reversal trend.

So I hope everyone is happy with how to spot when a price holds support and what signs to look for in a reversal.......this is effectively what we talk about under every chart.

$DNA

Comments

Thanks so much cap. I learn a lot from your chart and how to find a support. Really helpful.

Peter Mocca

Appreciated!

Trevor Sweetnam


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