SUMMARY
DASH is an interesting case of a wedge that broke out and yet a lower low was made. I've labeld the wedge as 1,2,3,4,5 or a leading diagonal which is often A wave of a correction. The B wave was a three wave and the C wave down was a five wave sequence. Given that it was an larger ABC; the wedge of A led to a lower low for the C.
So, what's next? The MACD has already broken out of its symmetrical triangle pattern (white circle). If the C wave is complete, the small rounded price pattern is likely to become a price surge of a certain degree. Let's see how the next few days price out.
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