Here is the chart:
DEPO is on my watch list and has been channeling down since 2004. Insiders have been buying a little more than usual, but I like to see more volume when a stock is breaking out and passing an upper resistance level. I am going to wait for the stock to reach $4.50-$5.00 before I consider buying. If this is just another top, buying now could result in having to hold the stock through the lows of the bottom to follow.
__________________ "Wide diversification is only required when investors do not understand what they are doing." - Warren Buffett
Last edited by TheStockDude; 07-28-2009 at 02:29 AM.
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