After some strong selling on high volume, DNDN had a sharp reversal in the after market on Thursday on news, and had a strong follow through on Friday on high volume as well.  Looks like plenty of bears might be trapped and ready to be squeezed.  A move over $41.50 or so would confirm a breakout from its recent consolidation and would likely offer a quick trade for a point or two.

If you have any questions or comments, feel free to contact me on twitter @stockdarts or in our great chat room if you are a stockguy22 member. If you aren't a member, what are you waiting for?

Sign Up for Stockguy22.com Trading Room

Posted in Charting & Analysis, Charts, Stocks, Watchlist