Look At This Stock – DEPO

January 23rd, 2014
in contributors

by Jeff Pierce, Zentrader

Using the RSI as a measure of how bullish this stock has become and going buy the metrics of 80-40 as the range that a stock oscillates when it's in a bullish trend you could say that DEPO is really overbought. The opportunity to trade this stock will be in the pullback as the RSI trades back between 40-50, which should be somewhere in the $10′s. Watch that level for a bounce.

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