DawgTrading

DPW - Strong Finish in Extended Hours needs Follow Through

Long
AMEX:DPW   DPW HOLDINGS INC
DPW has been range bound for days and days. Woke up at the end of today. Could be a strong end of the week or a fake out. However a lot of sells were occurring without it heading lower, and now the stock woke up to the upside. Lets see what happens tomorrow morning, and if it does rise early morning will the momentum keep up.

Another chart from my other trading platform showing extended hours a few minutes before this post. Nice strong moves after hours.
https://dawgtrading.com/images/tv_dpw_180927.png

Comments

They announced $25 million share selling program to finance their investments. I ended up selling my position at a small loss once this was announced. I am waiting for the stock to level out and see about 25 million shares traded through the next few weeks before I jump back in.
Reply
So far momentum failed and back to open from yesterday 9/27. If this holds maybe we can claw back higher, if it breaks we could be seeing $0.30's tested.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out