$DKS a new down-trending channel has begun to emerge
1) The primary uptrend support line has long been broken
2) A new series of lower highs and lower lows has begun to take shape
3) Price has begun to break below the 200 day moving average for the first time in over 6 months
4) Price has broken to new lows even past the lows made post earnings from May 2015 (including the recent divident paid)
5) A short with the view of overhead resistance holding and lower lows beyond the 200 day moving average is an appropriate technical view of $DKS at this moment
DYOR as always
2) A new series of lower highs and lower lows has begun to take shape
3) Price has begun to break below the 200 day moving average for the first time in over 6 months
4) Price has broken to new lows even past the lows made post earnings from May 2015 (including the recent divident paid)
5) A short with the view of overhead resistance holding and lower lows beyond the 200 day moving average is an appropriate technical view of $DKS at this moment
DYOR as always