Is $DNDN finding its bottom?

I like to bet that it is by buying some today.

Take a look at the weekly chart below.

DNDN_multi

Did you see how the price level find support at $3.81 area for the last five weeks?  I also like the long-tail 15m chart where price has traded back up to $4.00 level.  A daily doji bar for now could also be a positive sign for a neutral ground before heading back up (or down).

A stop below $3.80 for a stop will yield a good low risk trade with high reward if this is the bottom.

My 2 cents.



Categories: DNDN

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