DANG - continuation setup

[broolvgd88]

Posted chart at 9.71 - Closed Friday just under 11 for a 12.5% gain on the idea. One of my big strategies is to sell half and the let the rest run. So if you took the idea, be sure to pay yourself! Target still 12 on the rest if not higher as it sets up. At least put a stop at your buy price so you can't lose. If you use a trailing stop you will get stopped out only to be pissed off later when it goes higher. Its too volatile. So max pain stop (entry price at this point) or mental if you can watch it.

DANG update 2.jpg

And you guys thought I was just a day-trader....

P.S. I alerted this stock way back in May on the long-term 4/5 breakouts for my subscribers.

[brtegdbx55]

Be careful now, the bulk of this large run-up from May is over. Triple top on 12. I probably won't play this again until it sets up for another bullish continuation pattern in the future, it could be awhile. All I'm saying is pick a stop and don't become a stuckholder if it starts to fade off back towards 6-8 range. There are always other stocks setting up. No reason to get stuck in one.

[bsdjsgld41]

14's up already. When she moves, she moves! Pay yourself into the run. Has room towards 16, but I'll be out before that....

[Brendapt]

Put in a sell at 12 fro half my shares but it didn't go through on Monday . I still believe in this stock and bought more shares at 9.8

[BrendyIps]

All the way to 13, nice breakout today.

[admin]

On the move again. Broke through 14.40 recent highs from past two weeks. Another swing setup in play. Still room towards 16.