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S&P 500
5,463.93
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-0.17%
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US TECH 100
19,224.40
(
-0.18%
)
Dow Jones
39,140.35
(
0.01%
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84.42
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-0.69%
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dmlabuda

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dmlabuda

Re: Md008 post# 906

Sunday, 07/08/2012 9:44:37 AM

Sunday, July 08, 2012 9:44:37 AM

Post# of 1452
DNAD - This stock appears to have formed a Double Bottom formation on the daily price chart accompanied by a Bullish Divergence and high volume with Bullish Tension seen in the MACD. I would say purchasing shares here was fairly safe for at the very least a bounce in the price back to the 200 day MA which could double your money. If the Double Bottom is not re challenged and the price breaks through the 200 day MA, then we could be in store for much higher prices. Just my opinion. http://stockcharts.com/h-sc/ui?s=DNAD&p=D&b=5&g=0&id=p04581345286&a=271338172&listNum=6
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