Grip Ripe

[bagholder101]

Unlike when the sirius contract was announced (Nov 27th), it seems that DEIX is now building what seems to be a base as it goes up since the news of their debt reduction was released (Jan 22nd). Out of the last 6 trading days, we've only seen two with long tails and the last two days of solid support is making me think that DEIX is proceeding with a trend reversal. It looks like tomorrow will be the day that'll determine if it can break through resistance and start heading into the $3 area. Also of note, the last week has seen the highest volume that it has had since December 10th...of course, if the Sirius/XM merger gets approved tomorrow, we could be seeing volume like on the 27th of November.

Cheek, can you do me a favor and let me know if my lines and scribbles are correct. The analysis too if you could.