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Dianor Resources Inc V.DOR



TSXV:DOR - Post by User

Bullboard Posts
Comment by assess1on Mar 31, 2006 4:21pm
368 Views
Post# 10593069

RE: Technically, DOR just had

RE: Technically, DOR just hadIts wishful thinking to suggest a trading range between 190 and 2.00. Unfortunately, that is all it is and perhaps a little hope if you are already long. Reality is that nobody who bought DOR over the last two days is in the money. That creates market anxiety. Unless more bullish news comes out over the weekend, I would look for more bargain hunting as nervous longs from yesterday's action are shaken from their positions. We have had two substantial plunges over the past month and on both occasions the selloff lasted no more than minutes before reality set in and bargain hunters gobbled up stock. I look at yesterdays action as the first day of this correction. Corrections tend to be 3 to 4 days in length. Dor should begin its climb back up late Monday, Tuesday at the latest. If you're shopping for cheap stock, you may get a chance monday. I would suggest 1.70 area as good support, followed by 1.55. I wouldnt wait for 1.55, its a longshot. The next move should technically take this market to 2.50- 2.75. good luck
Bullboard Posts