3SOF

New 52-week high and a white candle today on a down day in the market.  Pushing upward toward the upper bollinger band.  This one is looking strong!

Leaira

update DTLK:

Powerful move down today for DTLK.  The trendline has been broken and so the market has spoken.  Volume did not come in to support so we will sell DTLK tomorrow.  The market has no mercy.. even for strong looking fundamentals.

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Position: bought DTLK @ 6.84 on 09/05/2006
Order: Sell tomorrow
Exit: n/a
Target: n/a
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Today DTLK made a nice rally but couldn't find a PR or announcement
to back it up although a higher volume and testing of the $5 bottom
(actually reacted at $5.01). Maybe its set for a BO now.

Parhaps there was a leak about 2nd Q earnings.
Lets see what the MM's think about this tomorrow.

jorgegr

Nice looking charts. I will stay in with a stop at the 20 EMA

jorgegr

The trend remains unharmed in spite of last friday's profit taking
with lower than average volume.

jorgegr

Todays news:

Company Ships 50 PB of Storage Capacity, Achieves 420% Revenue Growth and Moves to New, Expanded Corporate Headquarters


SANTA CLARA, CA--(MARKET WIRE)--Jul 17, 2006 -- Data Domain, the leading provider of capacity optimized storage solutions, today announced it has achieved more than 420% percent revenue growth over the last six months as compared to the first half of last year, citing 10 consecutive quarters of growth while adding 170 new customers in 2006 for a total of well over 400 customers worldwide. Data Domain is now protecting nearly 50 petabytes of backup data in enterprises worldwide. The Company's sales growth has enabled it to continue aggressive hiring in sales, support and engineering, increasing company headcount to more than 120 employees. To accommodate its plans for continued growth, the company has moved its headquarters to a new 46,000 sq ft facility in Santa Clara, CA.

You can read it in full at:
http://biz.yahoo.com/iw/060717/0144525.html

and it held very well the general market trend.

jorgegr

Today's chart

The gap 6.50 - 6.60 was left open and today formed a bullish harami testing a high of 6.90
but closing at 6.73

There is a double resistance at 6.89 and 7.05 (confirmed supports at 6.75 and 6.56)

RSI is 62.29 but I don't see yet enough volume increase to perform a B.O.

Luck to all those holding this baby.

jorgegr

We finally have a B.O. on this one

jorgegr

I'm taking my profits and waiting for another chance

jorgegr