Drinks Americas Holdings, Ltd. (DKAM)

[Locotrader]

DKAM still remains in bullish form. The pps drop today is once again on somewhat low volume. The uptrend line over the last 3 weeks remains the support. Today's low of .0022 would fall right at support. rsi dipped just slightly below 50, but should continue to bounce off and continue north of 50 in the bull run. No sign of a real pullback in the technicals, so continue to hold or buy as the price moves north. Breakout is set at .0034 as we've hit it twice this month. A move over .0034 will take us up to .004 next resistance/breakout level. Penny land is coming as the chart is showing recovery for the long term. Watch the volume as a major indicator with positive money flow.

Good luck longs!

Locotrader