Vincenz
Long

Double resistance point reached after more than $4 drop

BATS:DANG   DANG
72 0 0
Down 35% from an earnings report that was actually in my mind positive. The most recent support is 7.68. If it climbs back to its regular price between 10 and 11 that could be a 30% profit. Q4 earnings are in one week and the expectations for it are low. Market for DANG is supposed to double in China within the next two years, so it can be a short or long term investment.
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