$$$Ospreyeye: Charts, Technical Analysis & Japanese Candlestick Patterns$$$

[ospreyeye]

DRGV Chart......Gapper......there's a gap between HOD yesterday & LOD today.......

Yesterday's candle was preceded by 5 Four Price Doji's.......a very rare candlestick pattern......means the price opened and closed at the same price w/ no trading in between,,,,,,this is usually just a single trade........

This shows how thinly traded DRGV is........very little Vol......very little trading.......that said, MACD is hooking up.....Fast Sto @ 9.09.... Cover sold w/ room to run......

Looks like there was a little front loading the 1st week & 1/2 of March before the pop on the 11th....that was followed by a couple of down days on heavy Vol......not sure, but news was probably released on the 11th or 12th.......

This is why I avoid thinly traded stocks......they are illiquid......alway's check Vol. 1st before looking into a new stock......$$$