Comments on: Darling International (DAR) Spikes above Resistance on Good Volume http://www.tradeforgain.com/trades/darling-international-dar-spikes-above-resistance-on-good-volume/ let's discuss important aspects of trading such as discipline, money management, psychology, setups, etc. Thu, 21 Aug 2008 02:51:40 +0000 http://wordpress.org/?v=2.6 By: StockPoet http://www.tradeforgain.com/trades/darling-international-dar-spikes-above-resistance-on-good-volume/#comment-11076 StockPoet Fri, 11 Apr 2008 05:52:08 +0000 http://www.tradeforgain.com/trades/darling-international-dar-spikes-above-resistance-on-good-volume/#comment-11076 Thanks for quoting me in your blog. I actually stopped out of DAR but immediately bought back in at 13.05 today when I saw it was able to close over the 13 EMA. I agree completely with your target of 16 a share. Naturally this is merely a target as predicting stock movement is not an exact science. DAR got a little ahead of it's year long uptrend during the month of February. If you draw a trendline starting in May of last year it does point to around 16. Given DAR's move through resistance on decent volume, and MACD turning bullish makes it very likely we will approach 16 IF we are able to make a new high over about 14.45. Thanks for quoting me in your blog. I actually stopped out of DAR but immediately bought back in at 13.05 today when I saw it was able to close over the 13 EMA.

I agree completely with your target of 16 a share. Naturally this is merely a target as predicting stock movement is not an exact science. DAR got a little ahead of it’s year long uptrend during the month of February. If you draw a trendline starting in May of last year it does point to around 16. Given DAR’s move through resistance on decent volume, and MACD turning bullish makes it very likely we will approach 16 IF we are able to make a new high over about 14.45.

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