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Analysis: #NASDAQ $PLAY
Case 472 #Dave & Buster's Entertainment Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#PLAY 1/4
Case 472 #Dave & Buster's Entertainment Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#PLAY 1/4
Chart 1
Weekly Chart: The inability to close above the #SMA 200 and the subsequent loss of #support (balance point, Mar. 2015 #pivot and Apr. 2018 channel) around 34.01- 28.33 has created long term damage. Support was eventually found at .....
PLAY 2/4
Weekly Chart: The inability to close above the #SMA 200 and the subsequent loss of #support (balance point, Mar. 2015 #pivot and Apr. 2018 channel) around 34.01- 28.33 has created long term damage. Support was eventually found at .....
PLAY 2/4
..... the synthetic #trendline s and a decent bounce ensued with short term traders taking profit. The SMA 50 is rising the bottom channel and price is backing down again but downside #momentum is stalling.
PLAY 3/4
PLAY 3/4
