Digital Ally Inc. (DGLY)

[Don'tDrinkTheKoolAid]

Next time I need to check my weekend email this was in there.
A buy yesterday I'd be making some scratch.

Digital Ally--$5.34; -0.20; optionable): Scanning/imaging equipment for security uses
Company Profile
After Hours: $5.30
EARNINGS: 08/04/2016
STATUS: Pennant. DGLY exploded higher after the Dallas shootings and other social unrest. That move shot DGLY through the 200 day SMA. The past week DGLY has consolidated that move, holding over the 200 day and using that as support for the pullback. These sharp reversals can yield solid runs. If DGLY makes a good break higher and holds the move we want to enter to play any run higher from what appears to be a nice gap reversal of the December to early July downtrend. Nice gap, good test that is holding the upper gap point, a good indication the stock will continue higher.
CHART VIDEO
Volume: 1.025M Avg Volume: 365.1K
BUY POINT: $5.56 Volume=700K Target=$6.73 Stop=$5.17
POSITION: Stock