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Re: fsjm post# 936

Friday, 07/20/2012 9:13:07 PM

Friday, July 20, 2012 9:13:07 PM

Post# of 1452
I have not changed my opinion on this stock. We have a VERY Possible double bottom. If you like the stock, you should be buying it and if you are not in yet and confused, then I'd say when it breaks the recent down trendline, you might consider getting in. Just my opinion of course. You need to do your won due diligents. But, I think it looks like it's worth the risk. The volume has increased and the downward momentum has slowed. We had a test of the lows creating the double bottom and since then, it's maintained support above that bottom and has ventured upward. It is still bowing to resistance at the 20 day EMA but, that could end abruptly with a nice rally. The OB/OS oscillators are just coming off oversold conditions and therefore, it does appear to be in favor of an upward move. http://stockcharts.com/h-sc/ui?s=DNAD&p=D&b=5&g=0&id=p04581345286&a=271338172&listNum=6

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