Unless resistance line is broken, i say we are in the bear market.
Just look at the volumes at the prices ranges.
Big volumes at 95. That means if break bellow, panic selling will commence, and this will drag us down below $80.
Also, most bought at $20 and $40 so unless they are all stupid, and i don;t think so. They will be taking profits. To enter at a lower position.
I think we have to have ABC correction here, if we are aiming to go as high as $400.
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@lightningfreek, we should have a bounce now...back to 100-110 maybe. So maybe side action to confirm a short spring, and back to ditches again. That is the most optimistic as i can tell. Also chart is dated now, What we had at top was a Dimond pattern, as many other TA guys have noted.
lightningfreek
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I'm thinking we will get to buy this in the 80s to. Anyways, I am all in on DRV... On the next pull back...... If you get a chance comment on my latest DRV's charts. Let me know if I am crazy or not, easy 13-15$ soon.