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Daqo New Energy Corp. Message Board

  • thetechtraderca thetechtraderca Oct 16, 2013 11:55 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on DQ at TheTechTrader site noting: Daqo New Energy Corp. (DQ), a Chinese semiconductor stock, has been acting wonderful. It had a big surge taking if from about 9.00 to 35. It pulled back and formed a beautiful wedge, and did not break down, holding support in the 23-24 zone. In the last five days, it moved up sharply, and on Tuesday, it spiked up 3.94, or 13 1/2%, on only 323,000 shares traded, very light volume. Because of that, if it does follow through and spike up above 35, it should see 40, and maybe even 45 short-term.

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23.40-0.40(-1.68%)Oct 21 4:02 PMEDT