Stocks to short - DYN

[FibMaster]

Here is a daily chart of DYN. It's at resistance. Below $8.50, this one is weak! Above that value, the bulls can take over. Definitely do not be short above $9.00

Suggested trade setup; Intraday, we can short rallies as long as the chart is making a series of lower swing highs and lower swing lows on DYN.

See photo attached.

You want to learn how trade like this? See here;
http://www.traderzine.com/cgi-bin/redir.cgi?url=fibm

There is risk in trading, see my disclaimer here;
http://www.fibmarkets.com/disclaimer.html

Comments/questions are welcome, post here!

[FibMaster]

Attached is a daily chart of DYN. Even from the daily bars we can see that DYN has given us great moves to the downside intraday. In contrast, the past three days have been a mini-consolidation. If DYN can bounce from here, putting in a higher bottom than it had on Nov 26, then it would be prudent to exit the market and see how much of a rally can be sustained. Another resistance near $8.50 would be great for shorting, should that materialize.

Above $8.50, DYN is in bullish territory (no shorting intraday). Below $7.00 DYN is great for the bears intraday.

Your questions/comments are invited. Post them here on the forum.

[FibMaster]

DYN continues to wallow in that mini-consolidation. Not much excitement in this chart. The prior posts are still valid, no changes.