Dash has broken the trend line drawn from the October 6 peak.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Dash has completed one cycle from the June 25 low. The five wave advance finished on the August 14, and the three wave correction ended on the October 29. If this wave count is correct, Dash should be heading next towards the August 14 peak.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, Dash is currently most likely in the wave three (sub-wave iii). The wave one started in the February 2014, and finished in the May 2014. The wave two correction ended in the August 2014.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Dash.
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