DWAC Mooning off the Spike

Following a spike low this week and a rocket off the fake out $NASDAQ:DWAC is up bigly today. The jump rally created a good 50% Retracement Level that matched the top of the range.

In all honesty... the chart pattern looks like a typical pump fail. However, most pumped stocks have their second life at some point with a relief rally. This could be it.



I still hold my Donald Trump fun tickets!