AdvisorShares Dorsey Wright Short ETF Price & Performance (DWSH)

The Advisorshares Dorsey Wright Short ETF (DWSH) is encountering significant resistance at $7.47, according to recent analyses. Traders are advised to consider shorting the ETF near this level with a stop loss at $7.49. Conversely, breaking above $7.47 could signal a buy opportunity.1

Technical data indicates mixed trading strategies for DWSH. A buy signal exists near $6.95 with an upside target of $7.25, while resistance at $7.33 suggests a shorting opportunity. Stop losses are recommended at $6.93 for buys and $7.35 for shorts, reflecting heightened volatility.2

Short-term trading strategies for DWSH highlight the importance of resistance at $7.56. A break above this level may prompt buying, while a short position is advised if resistance holds. Stop losses at $7.54 and $7.58 are suggested to mitigate potential risks.2