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Re: pay in cash post# 370

Friday, 02/10/2012 1:49:49 AM

Friday, February 10, 2012 1:49:49 AM

Post# of 1452
Bottom is in YES! A Head and Shoulders Bottom no less. From that type of bottom formation we can actually project a target price which is usually very reliable. This one is off the chart but, I'm guessing that it should come out right around $0.75. The chart below will update itself and as the price rises, you'll be able to see what it really is. The price has already returned to the neckline which is typical behavior for a H&S bottom so, I would not expect to see any further downside until the target price is achieved. The price is supporting nicely along the 50 day MA right now and soon the support will likely be at the 20 day EMA. Looks like an excellent trade candidate! I might even trade it myself.

DEJ - Daily Candlesticks

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