Drinks Americas Holdings, Ltd. (DKAM)

[vietmunki]

Disappointing close yesterday for sure since it had a beautiful set up. Although it doesn't look nearly as nice as it did, the chart is still bullish short term with the price still sitting above the 15ema on the daily as well as the 15ema/50ma positive cross. We don't need to engulf yesterday's candle but if we can get some volume in and close above .0025 or so it would be nice. Another positive is that the RSI bounced off its trend line support so we'll see if we can get some buys to pick it up again. On the other hand L2's look pretty thin on the Bid side so it can certainly break down here if we don't get some bid support.



A close above .0025 would make the weekly look better as well