Daystar Technologies (DSTI): Money flowing IN
The above chart is a 10 month chart of DSTI. The stock has nearly doubled in 2007 but then if you see where it has come from, its not a pretty sight. Lets analyze how it may perform in the coming months. Does it have the fire to break above the downtrend line and resistance at $5.50?
Looking at the OBV, I would bet this stock will go higher. With the stock testing the resistance and the downtrend line, it may not go higher now, but after few weeks of consolidation. I would be a buyer of this stock when it comes closer to the uptrend line (blue line).
Watch out for DSTI.
Labels: chart analysis, DSTI






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