Wednesday, July 21, 2010

Trading Journal: DMC (July 19, 2010)

Figure 1: DMC Price Chart

2 comments:

  1. i got in on the breakout of a diamond top @15.50-16. the diamond top pattern is from april to end of may. a bigger pattern to look at is on the weeklys, a high and tight flag, with the diamond as its flag-pennant with a good 38.2 fibo retracement. so far so good as i'm looking at 22.50++ for this one.

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  2. Nice. I've been swing trading DMC repeatedly the past months. Buying and Selling it repeatedly.

    I agree with you about DMC reaching 22.50++ in the near term. I am expecting a very good 1st half earning report from them soon. Hope this can boost the price higher.

    Congratz..

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