BREAK: DRL ($4.27) WATCH for possible breakout > $4.88. Target here should be $6.22..if break out occurs. Note this one is Short term (1-2 week) extreme rally with possible tops. Upcoming Catalyst might be Earnings Report Est. by Yahoo Jun 23-Jun 27 (always careful with this). I can see $4.57 (1st target and resistance but if break out triggers > $4.88 then off to $6.22 ($5.26 will be second target)
My thoughts with this go in 40% before the target 1 ($4.57). Let it sit noodle and as you see pps get closer to break out trigger $4.88 then put another 60% in after it confirms above $4.88 trigger price. Then unload all with profit of course.
Today's volume wasn't high alert but watch volume. Keep in mind that DRL has a typical rally: 34.7% (1.49 pts) and for Extreme rally about 45.1% (1.94 pts) so the prices/target's above is reasonable but you never know with the market.
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