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+--- Thread: Finger on the Trigger (/showthread.php?tid=1489)
Finger on the Trigger - tarulestheday - 08-30-2012
Ahhh, DSNY is another news-driven stock ala IOC and very hard to trade with charts. However, I suspect it pulls back to the 10/20 EMA at around .85. That will be where I add again. Stevie Wonder can see there is a TON of support at .75. Absent news it might trade down there in a market correction in Sept/Oct which I expect will occur. I will be buying with both hands at .75 should we see it again.
http://stockcharts.com/h-sc/ui?s=DSNY&p=D&b=5&g=0&id=p18427991275
RE: Finger on the Trigger - admin - 08-30-2012
Yes, and I think it's actually a good thing that it's news driven as I expect quite a bit of news in the near future.
Also, the volume on the way up was multiples of the volume on the way down, which is also a good sign.