DawgTrading
Long

DPW - Strong Finish in Extended Hours needs Follow Through

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
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.
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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.
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