Wed, Mar 4, 2015, 10:26 AM EST - U.S. Markets close in 5 hrs 34 mins


% | $
Quotes you view appear here for quick access.

E-Commerce China Dangdang Inc. Message Board

  • lawstuff22 lawstuff22 Mar 27, 2012 10:18 PM Flag

    DANG Numbers and Move Higher

    E Commerce China Dangdang(DANG_) is a business-to-consumer (B2C), e-commerce Company in the People's Republic of China. This stock is trading up 8.8% to $8.12 in recent trading.

    Today's Range: $7.67-$8.18

    52-Week Range: $4.11-$26.40

    Volume: 4.8 million

    Three-Month Average Volume: 2.7 million

    Shares of DANG are soaring today after Oppenheimer upgraded the stock from perform to outperform with a $9.50 price target citing valuation and signs of improvement in China's e-commerce space.

    From a technical perspective, DANG is gapping up big today on monster volume, and this stock is triggering a near-term breakout above $8.03.

    Traders should continue to look for long biased trades as long as DAN is trending above $8.03 with strong upside volume flows. If we can get a strong close on DANG today near its daily highs, then this stock should be well on its way to re-test its next significant overhead resistance level at $8.55.

    Any future breakout over $8.55 should be considered very bullish since the next overhead resistance levels won't come into play until $10.70.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
8.9699+0.1999(+2.28%)10:24 AMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.