Dave’s Chart Tricks

Dave shows a rounded top, but past patterns warn of fakeouts. Charts reflect a company’s personality, and Dave’s history suggests caution—consistency matters in market behavior.

person using MacBook Pro on table

Image Source: Unsplash
 

Below is a chart of the company Dave (symbol – you guessed it – DAVE). Normally I’d be excited about this rounded top, but judging from the company’s past behavior, nah, no thank you. It seems to be in the habit of faking folks out. You’re not going to get me, Dave! Pay attention to a company’s past. They express their personalities through charts, and they tend to be consistent in their behavior, just like people.
 


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