Saturday, April 21, 2012

4/20/2012 $DNDN chart and setup

the setup from last week worked like a champ. buying when breaking the downward trendline on thursday.. if you havent already, raise your stop to at least your purchase price. new setup below chart:

your buy point to add to this trade is when in breaks thru this near term resistence level, could even wait till a 50day break. raise stop from additional purchase if it breaks 50day