Text book breakout on a low priced name.
Had a stage 2 breakout on past July. Its been consolidating very nicely this year making a perfect vcp base with a constructive shakeout and a handle that just gave an entry.
AVG Cost: 7.14
Stop: 6.40
Position: 8K 1.5% of Portfolio.
Stop % Risk: 10.36%
Money Risk: 800 K--> Almost Full Positioning
Now overall exposure 19.42%
DHI Group, Inc. engages in the provision data, insights and employment connections through services for technology professionals including technology, security clearance and financial services. It offers its services under the following brands: Dice, Dice Europe, ClearanceJobs, Targeted Job Fairs, eFinancialCareers, Rigzone, Hcareers, and BioSpace. The company was...
Upside potential given oversold levels and stock testing resistance area (2.11-2.00). Similar levels led to a positive move in Aug'17 and Mar'20. Potentially reaching the 3.00. Fundamentals contribute to an optimistic ride.
EN: The stock just hit is lower bullish trend line. Reverse and go to $5.00 or go down? To be continued...
FR: Le titre vient de toucher sa ligne inférieure de tendance haussière. Va-t-il faire un retournement et aller atteindre le 5.00$ ou descendre plus bas? À suivre...
With DHS down for Friday (6/28/19) it’s come back to TWO supportive key areas shown above!
Bullish uptrend channel formed followed by trending at supporting area fixed by channel. Also with the stock currently at key areas ALSO is at previously supported key within the channel. Therefore provides two catalyst for a bullish move up 20%. Not to mention other...
With DHS down for Friday (6/28/19) it’s come back to TWO supportive key areas shown above!
Bullish uptrend channel formed followed by trending at supporting area fixed by channel. Also with the stock currently at key areas ALSO is at previously supported key within the channel. Therefore provides two catalyst for a bullish move up 20%. Not to mention other...
would watch 1.75-1.85 area support zones as well as 1.6 another support zone.Personal opinion is it goes lower than 1.85 as it already tested 2.15 but then again it could double bottom at 1.85 and retest 2.15. Would have o n watch for next few weeks
Targets
T1:2,15
T2:2.40
T3:2.85
Qualifies as falling wedge pattern. PT: ≈3.10. Monthly MACD crossing signal line and weekly negative momentum decreasing toward 0.
50 DMA now levling out and closing towards 200 DMA.
Bounce off bottom support, MACD crossed + and momentum positive. Initial PT ≈2.15,
Inverse Head and Shoulder pattern failed, ultimitely revealing current diamond w/in falling wedge. Intermediate PT: ≈2.75.
Net Income creeping back up 3 consecutve quarters.
1 year downtrend breaking; Fan principle (3 minor waves from intermediate reversal point, each flatter than last) reinforces breakout along w/ HUGE increase in volume and squeeze momentum indicator show negative momentum decreasing about to go positive.
Fundamentally, renaissance technologies has a 4.2% stake and company has seen approx 75% increase in net...
