I think it will not hold 50 SMA. And if it breaks down, it has some support at $15.40 which is when it started this big leg up. This whole market is bloated and I think DOW will go down at least 5 to 7% and that will take DTG to $15 area. I will stay short until it can prove to me it can bounce back from $15.40 support on BIG volume of at least 1.3 mil. Otherwise, I stay short and see this stock at $12.
I love it, market has not traded on technicals for 6 months now, only on hope, bullshit and hot air. Now that we are standing in the gates to Hell, technicals matter once again. Dude get a clue, GS has turn short and will crash the market. They sucked in every retail idiot on earth with the run up, now they are going to crash it, and guess what? you lose LMAO