DNUT eyes on $2.57: if this HAS a bottom, THIS may be the one

11 May

DNUT has been in free fall since IPO.
Last Earnings were apparently horrible.
But there is a glimmer of hope of bottom.

$2.57 is a minor but significant fib.
The PING bounce on it is of interest.
"Ping" from "give me a ping Vasilly".

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22 Tem

İşlem aktif

Double Bottom on our fib? (yellow shaded area is from posting time).

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Clorser Look with trade notes:

Second test of our fib and PING launch got it.
"PING" from "give me a ping Vasilly, One Ping Only"
Closed 50% of the position before fib for 24% gain.

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What next?

Looking for $3.97 next (just shy of red zone)
OR it will hit our StopLoss below for 10% gains.
Will put profits into long term share purchase.

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This COULD be a lifetime bottom for this stock.

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22 Tem

İşlem kapandı: hedefe ulaştı

BOOM and BOOM (yellow shaded area is from posting time)
Blew past our TP2 with ease so wating for TP3.
Closed 25% at each of those for a full trade exit.

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This MAY have been a lifetime bottom for this stock.
Only time will tell but certainly nailed that entry.

Another PERFECT trade with CLEAR entry/exits given by the FIBS.
Hit the BOOST and FOLLOW for more such PRECISE and TIMELY charts.

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