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Digi International (DGII) Message Board

  • djw_posts_dd djw_posts_dd Jul 30, 2007 10:39 AM Flag

    "Bullish Technicians" would PREFER this


    ......that DGII doesn't simply "JUMP RIGHT BACK UP", since,
    "an immediate CLOSING of the GAP" in the 15.50s would more likely be.....BEARISH......the "next technical expectation"
    following the "closing" would be to reverse & continue to DECLINE, in DGII's case..........!

    DGII is in a "Bullish FLAG" formation...which the stock has
    been building for a LONG, LONG ! Last week's
    "technical breakout" was curtailed by the Stk Mkt, yet, the
    stock "remains with the PRICE AREA of the FLAG" !

    "Long Term"....NOTHING happened last week to disrupt DGII's
    continued "rally to the Low 20s" !

    GET LONG.....'thank me', later !

    This topic is deleted.
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