This is an update to the trade I posted earlier today on DGD. If you were following you have made a good return so far and are looking to see the price hit the expected target of $400 or so within the next 2.5 hours (shown by the red vertical line). If you are looking for an exit point I would exit once DGD breaks the trend channel shown in Yellow as it might go much higher than the expected $400 target we are seeing.
After this move I am looking for a downward move that will take out the prior low and hit the original trend channel which should complete wave 5 of our downward move. This is just speculation as of right now and will need to continue to watch trends as it completes this impulse move up.
Trade Post:
https://steemit.com/steem/@ricjames/weekly-update-dgd-march-9th