DGIT

One of the problems with technical analysis is if you play with the charts long enough,you will see what you want to see. In looking at the chart of DGIT, there are two obvious pivot points, at 30.50 and 35. Putting a fibonacci grid over it, with the 50% retracement over the top pivot, gives a "target" of around 39.60. This came within a point of it before pulling back (to the pivot, I might add). Is this valid, or do I just see what I want to see? Beats me, but I've seen it often enough that it warrants investigation. This was an earnngs breakout, and has been a strong stock in an otherwise weak market.