DPW momentum shift thoughts — Transcript

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1. 0:00today when I talk about momentum shift
2. 0:02on today's DPW and this one will be
3. 0:06going to the DVD so now if you check
4. 0:12around one month's chart this stock has
5. 0:15been from who say 0.5 into almost $5 and
6. 0:20most of the time $5 is really it's a
7. 0:24round number and people like to shorten
8. 0:26to that area $5 $10 $20 all those round
9. 0:31numbers are heavy shorted area most of
10. 0:34the time and they're already explained
11. 0:39previously there's multiple ways to play
12. 0:42with dpw charts and without if the start
13. 0:47going to goes against you you won't be
14. 0:48losing that you won't be you will be cut
15. 0:51even more won't be losing that much
16. 0:53money so
17. 0:55how to recognize today's momentum shift
18. 0:57first the studies being has been a
19. 0:59little bit first the stock has been very
20. 1:02extended for last couple days and if you
21. 1:09take a closer look week open start
22. 1:13testing this resistance 4.5 and break
23. 1:17through that resistance and I think
24. 1:20today traded around here today around 30
25. 1:23million shares close to end of the day
26. 1:26today around I would say 50 million
27. 1:32resistance and when the stuff shows you
28. 1:35come firm ship and shows you the move
29. 1:41which is around this 4.37 area so the
30. 1:45today most prices are treated around
31. 1:48this average obviously around 4.6 area
32. 1:51once you take out that big support and
33. 1:54and I will take him I start in short
34. 1:57around this 4.5 area if it breaks this
35. 2:004.3 and that will give me a big
36. 2:03confirmation of the stock is going down
37. 2:06because why because most of the shares
38. 2:09today is trade the most shares of any
39. 2:12time
40. 2:12and 70 million shares which is
41. 2:14considered to be was his moment and loss
42. 2:18and certain moment is this high of
43. 2:22the resistance will become unbreakable
44. 2:25or very unlikely to break for the past
45. 2:30month for the last month so tikki ensure
46. 2:37here it's very safe riskiness major
47. 2:39resistance area and stuck it gets halted
48. 2:42and start going down and down and adding
49. 2:44I won't be afraid and into this bounce
50. 2:46because because there's so much bad
51. 2:50orders around that area so adding here
52. 2:56ok I would say considered to be a very
53. 2:58very safe the ultimate risk it will be
54. 3:01probably around this 4.38 area initio
55. 3:05sure will be four point five adding
56. 3:08point four daughter area adding to
57. 3:10balance three point six three point five
58. 3:12area I would say total average comes out
59. 3:15around $4 ish so riskiness pork winter
60. 3:18will be very very safe entry tomorrow
61. 3:21this one will probably go down to the
62. 3:24ones maybe even load to the low twos or
63. 3:28low high ones probably and end up around
64. 3:31I was a to daughter around $2 ish so
65. 3:36this is my thought process for DPW and
66. 3:39if tomorrow pushes will very likely get
67. 3:45stuffed around its four dollar area and
68. 3:47just going straight down and drop a nine
69. 3:49thirty percent tomorrow almost every
70. 3:53single painting style to the skin so
71. 3:55once there a moment to start shifting
72. 3:56especially on those really big ones
73. 3:58shifting they typically go down sixty
74. 4:03seventy percent so I wouldn't be
75. 4:07surprised this one and around high seven
76. 4:09or the two dollar area and if I was
77. 4:13shorting congratulations for not showing
78. 4:18if you can't find shares to shore
79. 4:22make sure for your account get to that
80. 4:27trades ear or Center for an account so
81. 4:32that's my top process for DPW today and
82. 4:35good luck and good luck on the shorting
83. 4:38tomorrow