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Charts courtesy of stockcharts.com

Monday, October 13, 2008

DMND


Since I could not find any breakouts, and new highs were limited to ETF's, I took the opportunity to look at some of the charts from my zacks screen from yesterday, to look at possible candidates for the earnings spreadsheet. DMND is one of the better looking ones from a technical perspective. It broke out of a pattern a couple of weeks ago, then pulled back to below the breakout point, and is now back above it. Relative strength is very high, CMF has been declining but appears to have stopped for now.

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