The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes
DropBox (DBX) posted a U&R long set-up last Thursday after undercutting and rallying back up through its 30.65 low of June 28th. It is now back above the 50-dma and sitting right at the line with volume drying up to -63.7% below-average for this time of the day. This would be a textbook voodoo entry here at the 50-dma, while using it as a very tight selling guide.
VoSI VooDoo(TM) Report - DropBox (DBX) 7/16/18
|Published:||16 Jul 2018 13:05 ET|
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