Tuesday, August 02, 2005

DSTI Bull Trap

DSTI is one of the alternative energy stocks on my watchlist. SPIR and DSTI exploded awhile ago after they received solar contracts. DSTI is currently settling at the bottom of its price channel. it did bounce off the bottom support a few days ago, but it was on very low volume, so some bulls who bought into what looked like a reversal may have gotten trapped. i don't know anything about this company's fundamentals, but i do like solar power. out of all the alternative energy sources, i think that solar has the most potential. keep DSTI on your watchlists, but be careful about buying into low volume reversals. if you believe that the company will continue to receive solar contracts, this may be a good time to pick up some cheap shares. and more importantly, don't forget to email me if you have any hot info on DSTI's growth!

2 Comments:

Blogger brandon said...

still holding that line, but it sure is in a precarious spot. I'm one of those trapped longs, by the way.

Love the site.

8/03/2005 10:59:00 AM  
Blogger Free Stock Market Tips said...

I like DSTI and I think it will be in the 20s by early next year.
What do you think about XSNX, another alt energy / solar panel stock.

12/14/2005 06:53:00 PM  

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