12:29 PM – Adding another 1/3 to my DBX position this afternoon as shares continue to show bullish technical action. The stock is pushing higher, although there is some near-term resistance at the ROUND-$36 level. A decisive move above $36 would provide additional bullish confirmation. This addition brings my total position to 2/3.
James’ Trader’s Tip: Add as the Stock Proves Itself
• Scaling into a position allows the stock to demonstrate additional strength before committing more capital.
• Nearby resistance gives us a clear technical level to monitor.
• A strong break above the ROUND-$36 level would confirm that buyers are successfully overcoming that final small area of resistance.
https://buyingbreakouts.com/thu-8-27-dbx-buying-adding-to-1-3-35-67/

Comments
Log in or sign up to join the conversation.