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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.

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3 comments:

  1. Anonymous8:42 PM

    this may be a dumb question, but how do you add the arros and text box onto the chart?

    ReplyDelete
  2. Anonymous8:42 PM

    favorite market blog by the way. probably the most educational ive read in a long while, and ive read a lot.

    ReplyDelete
  3. The Market Speculator10:05 AM

    Thanks. Stockcharts has a toolbar with the arrow function. Just click on it and drag the arrow where you want it.

    ReplyDelete