Replies to post #1621 on Dex One Corporation (DEXO)

[ClarkKant]

From a chart perspective, it hit resistence @ the 50MA but broke through the 200MA support.

Next level of support would be $1.35'ish which was the support level for many days back in December.

Also have to realize that shorts are in total control here. It's very obvious IMO so while it is frustrating to watch, I've always held DEXO for a long play. The call option buys for $2.50 is very telling IMO.