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Author Topic: DBMI
SilverRain
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DBMI looking attractive with strong historical buy volume printing, possibly confirming a bottom here. I have been watching this one since the volume spikes of the 10th - 11th of November. The Bollinger Bands are suggesting that Wednesday's break may be denied and a bit premature, but a stronger will follow within the weeks to come as the congestion builds a base. An entry closer to 0.70, if possible, would be advised.

Check out the Chart:



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SilverRain
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DBMI finally moving here. Great news out today and it has printed the highest volume in its history. I see this one running to at least 1.00, if not 1.40

Check out the chart:


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SilverRain
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In @ 0.90, planning to hold for at least one week.
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Art
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quote:
Originally posted by SilverRain:
In @ 0.90, planning to hold for at least one week.

Looks promising.

Downtrend, then consolidation, then a breakout to the upside with volume - good formula.


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Machiavelli
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something fishy.. i cant get a accurate quote for DBMI... yahoo and bigcharts.com say its .95 for the day... aol says .98 for the day and my broker says 1.00 for the day... today is 12/29/04... whats the quote damnit? lol ....
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Machiavelli
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Forget it.. i confirmed it.. its 1.00 ... anyone else holding this one? ...
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Nobonemovies99
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is this still a good buy at 1.24?
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Machiavelli
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I think its going to go down.. its been very very overbought this past friday.. it will go down for a little and then come back (correct itself and then pullback) ... im selling off my position on monday.. i can always buy it back when it starts to go back on a uptrend...
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