The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes
DropBox (DBX) posted an undercut & rally move on Tuesday when it undercut & rallied back above the prior 29.50 low in the pattern. Yesterday it posted a 5-day pocket pivot coming up through the 10--dma and 20-dema and just missed a 10-day pocket pivot by one day - somehow I don't think it makes that much difference...Today it is pulling back into the 10-dma and 20-dema on volume that is -63% below-average on a market sell-off day...
VoSI VooDoo(TM) Report - DropBox (DBX) 5/31/18
|Published:||31 May 2018 11:39 ET|
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.