Here’s another chart for Josh who shall forever be known as Mr. Counter-Trend. 
I’ve bought/sold DITC a number of times in the past and always made money on it. I’ve been watching it very closely since its 30+% drop last week to get back into it long (see I don’t always short!). It seems to be stabilizing and stochastic & MACD divergence is trending up just slightly – which has normally been an indication to me (in the past) to get ahead of the curve and buy.
You all know that I like to trade with the trend so I’m not going to like these kind of plays. That doesn’t mean that you shouldn’t do the trade. If you have a counter-trend method that works for you then by all means go for it. As a general rule for swing trades if the stock is under the 50-day moving average I’m not gonna buy it and if it’s above the 50-day I’m not going to short it.
