Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Many around this place laugh, but technical price action is often (not always) very important for my stock buy/sell ideas.

The close this week, gave somewhat of a confirmation of the buying accumulation pattern we have seen over the last few weeks in DISK. Friday's action (after the annual meeting, of all things) gapped up at the open on high volume. The stocked opened above a longer term weekly down trend channel. Bullish, indeed. Again, we never even ventured back into the old territory during the day.

For the week, we have what is called a weekly reversal to the upside. Initial price targest are around 8.00. That is a trading outlook. From an investment standpoint, and for numerous reasons, I suspsect, and in my opinion, we will see prices significantly higher.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.