Showing posts with label dxpe. Show all posts
Showing posts with label dxpe. Show all posts

Thursday, May 03, 2007

Chart: DXPE

As stated in the "today's trade" post, I took a position in DXPE. The stock is a nice breakout-pullback candidate, and also has been under heavy accumulation over the past month and a half. This leads me to believe the stock will find strong support at current levels and could make another run up. At the least, I expect it to retest it's recent high at around $52.50.