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Sunday, 15 January 2012

DHT update - Since the original post Dec. 6 2011 this stocks price has been forming a really nice bottom ascending triangle formation. Next week could see some nice gains here, in our opinion. (link to original post)

First alerted at $1.06 DHT`s price has consolidated in a very strong bottom formation, an ascending triangle has formed and price looks ready to breakout from here. Volume has been very good through the formation as well. Big vol. in the beginning slowing through the middle then coming back in near the end creating a "V" or "U" shaped volume trend. The original Volume alert has since set up some great buying opportunities to anyone  looking to get in. Happy trading and always trade responsibly :-)




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