DFS had a tightly compacted consolidation, indicative of large-lot pre-swing activity. The stock gapped over the previous high’s resistance easily. It is now in a resting mode again. The stock now has support from the previous highs.

snapshot
activityBeyond Technical AnalysisbreakawayCandlestick AnalysisChart PatternsconsolidationDFSgapprevioushighrestingmodesupportSupport and Resistance
Martha Stokes, CMT
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