DALD trade ideas
LET'S LOOK AT DELTANotes on chart, but here is how I would play it. As long as the 13 day EMA is under the 25 I would remain bearish. If the 13 goes under the 50 which hasn't happened for a long time I would be even more bearish. Remember that the overall trend has been up since December 2012 so don't get faked out. The safest play would be a long play and wait for the 13 day to cross over the 25. I wouldn't be surprised if it went down to 18 before resuming the trend up. HAPPY TRADING!
