Yesterday closed at 1.79. Today opened at 1.90. Went as high at 1.97. Now at 1.85. I'm still holding as its only a small position but if I had to guess I'd guess it doesn't move up significantly from here.
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10:27
DDN is now at 2.00 with strong volume (11.7% gain from yesterday). It keeps hitting new intraday highs which is a very bullish sign I think. It stalled a bit at 1.95 then broke through and set 1.97 as its, then, its intraday high. Now if it can set a new intraday mark by breaking through $2.00 that would signal another buy signal, I think. If it doesn't crack 2.00 I may set 1.90 or 1.85 as my stop/loss
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10:42
2.00 hit previously then the stock retraced to 1.91. DDN is approaching 2.00 again now but there are a ton of shares for sale at that price. Huge wall. If it can break through 2.00 we may see 2.10 very quick.
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10:59
2.00 wall broken. DDN now 2.04. A ton of shares available at these prices suppressing any quick moves up. I may set my stop/loss at 1.95 to take any emotion out of the decision making process.
Strong volume + new intraday highs continually being set is a very bullish sign. However, this trend can reverse in a nanosecond as a major sell off will occur, I suspect, once support levels are broken, or if additional news isn't released to support the huge increase in shareprice.
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11:11
Iceberg on the sell side at 2.05. Curious as if this will send the stock lower.
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11:12
Huge buy orders broke down the iceberg at 2.05. DDN now at 2.07.
Set my stop/loss at 1.93. Should have bought more shares yesterday. Ahh well. Off to fuck off for the rest of the day.
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