Saturday, April 28, 2012

5/12/2012 $DNDN chart and setup

5/12 - no entry from last weeks chart/setup. now for this week would wait for a break of the 50day that it lost this week. would like to see some above average volume . would rather miss that first 10% move than take a shot here.

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5/5 - last weeks setup still intact, would not enter for a trade until a break thru this recent resistence from last week. would prefer on above average volume. use a .50/.75 cent stop if you get that breakout. would just watch till then

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4/28 - last weeks setup worked well. your next buy point is breaking the recent high, preferably on above average volume. then use a .50 or .75 stop depending on risk tolerance.

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