Osborne820

Short DORM HIGH volume inv hammer ER misses signal Trouble

Short
NASDAQ:DORM   DORMAN PRODUCTS IN
High Volume Inverted Hammer on the 4 hour chart and in overbought territory. Co Fundamentals are bad but share price held up buy stock buy back. New Car sales spring is also very bad for this company as they sell generic replacement car parts. 3D printing is also a HUGE threat to their business. Also breaking back below R3 on the daily after a very big run. Should see $47's in short order.

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