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Author Topic: DNTK - Bottom BOUNCER !
MattM
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PERFECT Charts setup ... get in on the run...

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MattM
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Support line drawn:

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MattM
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.48 Print [large block]
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MattM
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Average Volume (3 month): 710,500
Average Volume (10 day): 1,531,710
Shares Outstanding: 68.63M

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MattM
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.47 x .48 :: orders backed up
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MattM
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.47 x 50
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MattM
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** .50 Print **
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MattM
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51s coming ...
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MattM
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RSI * 20 ... OVERSOLD CONDITIONS !!
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MattM
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all buys going through at 48 ...
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MattM
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ask thinning out a bit ...
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MattM
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:: lunchtime lull ::
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Louie_EM1
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Where did you guys buy at?
Since it was looking to turn up from the bottom I was chasing 46,47 and 48 and finally gave up on 49 and got some shares.
The charts do look mighty good.

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money_maker
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very nice, i am IN
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money_maker
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.5 x .51 just came up looks like I got in at the right time.
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MattM
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Once we see a .51 print we should be really set for a run.
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MattM
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well there is the .51 print ... currently at:

.50 x .53 [2 x 2]

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MattM
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.52 x .53
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MattM
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** .54 **
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MattM
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Just had $23,760 in buys go through ...
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Louie_EM1
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quote:
Originally posted by MattM:
Just had $23,760 in buys go through ...

at? Looks like sellers are still owning it.
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MattM
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quote:
Originally posted by Louie_EM1:
quote:
Originally posted by MattM:
Just had $23,760 in buys go through ...

at? Looks like sellers are still owning it.
Nope, those were all buys at the time I said they were. Check the time and sales.
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Louie_EM1
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Regardless if those were purchases, I never said they weren't, which is why I asked at what point that block was purchased at... there is a reason why HOD wasn't EOD.
I'm still in, just had to defend that misinterpretation.

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MattM
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.50 x .52 NITE on the bid
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MattM
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.51 x .53 in premarket; NITE on the bid.
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MattM
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all buys this morning, very strong.
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Louie_EM1
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Just needs to rebound to head north.
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MattM
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.53 x .55

Louie hope you are still holding [Wink]

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Louie_EM1
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No reason not to, heh.
Momentum is on our side.

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Louie_EM1
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Hahaha last 30mins was fun to watch.
All buys across the boards, especailly last 5 mins where it was pumped to 1 cent under HOD.
Momentum at the equator... RSI(14) is over 50 at 57 all within that last 5 mins.. something's a brewin'.
I think I'll wake up late tomorrow to see .57 by noon.

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MattM
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Haha yeah Louie, the MMs really had fun with this one near the EOD, and the volume today was half of the 5-Day average ... hmmm, what do you think will happen when some more volume comes in [Wink]
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Louie_EM1
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Well bad thing is I had to wake up at 9.. and to see my limit to INSQ was set to 18.. er it's ok.
We got a winner here, action is slow, maybe that's why we're not getting many bites.
But look at the freaking charts!

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Louie_EM1
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.90's here we come...
Tell me you're not liking this.

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Louie_EM1
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+3% Today.
We need some volume heh.

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MattM
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yes, more volume would help this ...
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