Stock Chart Analysis DWSN
Dawson Geophysical Company (Public, NASDAQ:DWSN)
DWSN has been a very solid performer over the past year, and they recently stepped it up with a strong move from August through September. The move was sparked off by a high volume gap and it's never come close to filling the gap. It is in the process of consolidating, forming a triangle that looks pretty orderly. As I've mentioned in the past these are usually continuation patterns and DWSN is in a spot where a low risk entry can be had. Any move over 83 will probably lead to new highs.
Good Trading,
Joey
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