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Re: MovedOn post# 667

Wednesday, 04/13/2016 4:57:17 PM

Wednesday, April 13, 2016 4:57:17 PM

Post# of 1989
imo, there is headline risk in either direction, but the stock has tripled in less than 8 weeks, the short position has probably dropped dramatically, and there's a lot of congestion in the mid-$3's, possibly a double top with the early March spike.

also, there is no MA support above $3 - 200/50/20

the 200DMA is $2.93, and the others are significantly lower.

http://stockcharts.com/h-sc/ui?s=DNR
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