DerekD_

$DIN - Last lap of a good start

לונג
DerekD_ מעודכן   
NYSE:DIN   Dine Brands Global, Inc. Common Stock
Super interesting (regime change) setup that's typically a s.o.l.i.d hit-or-miss in a (real) short amount of time. When I developed this moving average strategy, the weakest link was an ability to find a (clear) long-term-trade that's in the works of a new bull-run after a long bear market for ___ amount of time. Obviously on a longer-duration chart, a regime change from MUCH more reliable & even on a 4-Hour chart, there's huge potential for a fakeout-rally with huge tail-wind on the way down. Also 100x more credible to follow going from a bear-market than a bull-bear market. (180WMA above / below 789 = 3.14 year WMA). But anyway, real nice start so far. I started documenting these types of setups right from the start of the retail boom starting from $UA, $TRIP, $M, etc., The dip down to the 180WMA right after crossing the black WMA happens 85% of the time in a regime change I see regardless of chart duration, but the focus should be set on how tight / wide of a range price stays within blue 180WMA thereafter. Too long of an explanation but $DIN in particular is a little unique, but not really. I don't typically see obvious Asc triangles / Asc wedges right after a regime change, it's either a surge above & huge drop back down to bear market, or a (modest) surge followed by consolidation w/ new highs. I'm not suspect of the consolidation @ this point, but I'm suspect of that we're a few short of a breakout. The 55 bar count is the white curve I refer to in all my posts (past 55 candle lows), & the vertical red line is the start of when that starts to curve up significantly (where past 55 candles make significantly higher lows than those before it) - it's a top caller. The yellow vertical line is another 55 bar count from the time the white curve, price, 20 & 45 EMA should be @ the bottom of (potential) dip, & face a continuation if not a breakout. I'll leave a few examples - but I'm expecting a dip down to $75 @ the high end. If a break of that triangle - yellow rectangle should be the savior on the low end. Will update tho


$M Ex 1 -
$TRIP Ex 2 -
$MGA Ex 3 -
הערה:
So Close!!!
עסקה סגורה: היעד הושג

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.