DOC Flag Trade


DOC has produced a flag pattern . The 10 and 20 MA are providing resistance. The coppock curve has already gone negative. If the stock breaks the 10 and 20 MA I would buy till resistance (top black line). If the stock forms a candle downwards outside the flag pattern I would short till resistance, but if the coppock curve goes below the lowest black line then I would hold the stock for longer.

By admin