Dangdang's stellar run to the upside continues, levels to watch The stock is up over 60% in just five sessions, last at $18.06. At that price next resistance of note is at $18.76. Support is at $17.64. The larger bullish pattern at work in the stock is a long base breakout, with the base below $12 being several years in development.
News For DANG From The Last 14 Days
Check below for free stories on DANG the last two weeks.
On The Fly: Analyst Downgrade Summary Today's noteworthy initiations include: CECO Environmental (CECE) initiated with a Buy at Canaccord... CorMedix (CRMD) initiated with a Buy at Roth Capital... CyrusOne (CONE) initiated with an Equal Weight at Barclays... Dangdang (DANG) initiated with a Buy at Citigroup... Equinix (EQIX) initiated with an Equal Weight at Barclays... FactSet (FDS) initiated with a Buy at Jefferies... JMP Group (JMP) initiated with an Outperform at Barrington... Markit (MRKT) initiated with a Hold at Jefferies... Thomson Reuters (TRI) initiated with a Hold at Jefferies... Wheeler REIT (WHLR) initiated with a Buy at Maxim... Zafgen (ZFGN) initiated with an Outperform at Leerink.