Thu, May 23, 2013, 4:44 AM EDT - U.S. Markets open in 4 hrs 46 mins
DOLE has lot of overhead supply above $12.00, please see one year graph and notice on the left for the month of August 2012. There are folks holding to breakeven.
DOLE will consolidate in a trading range for a few weeks.
12.25 -12.50… Over Head Supply…… 9,732,800
12.00 -12.25… Over Head Supply…… 11,864,300
If DOLE moves down on high volume, traders will take profits at these prices.