One more time for the Droids.......

[Scorpio]

The little Durbanator hit an avalance of selling due to a few different factors, some of the culminating in wondering whether or not Drooy is an ongoing concern.

What a bunch of hooey.

The daily shows a perfect example of short covering in action. The gap over resistance on huge volume was indicative of many trying to buy a few shares.
Once the train got rolling, panic was indeed setting in. The significant downtrend was crumbling before their greedy little eyes. Bail, Bail, Bail......
Again I think of the movie Trading Places, only Buy!, Buy!, Buy!
Once cooler heads came to roost, the tops were sold, and now we shall see what this little rally is made of. Do the buyers overwhelm the new agressive shorts who are adding to positions after this rally. If so, they may be unhappy with the end result, adding further propulsion to this move. This is going to be fun to watch as the battle is definitely on! Does the gap now at 2.80 become a breakaway once again, or are they successful in pushing the longs to the brink once again thereby causing a lot of heartburn once again to the American dreamers?

On the weekly, you can see how the gap from +-2.00 to 2.18 has never been filled after many many attempts. We talked of this gap before.

After an extended sideways period, it seems poised to begin an uptrend in earnest now. Last week, the downtrend line was broken. Now it is time to see if it holds. This one could launch if there is any support in here. Drooy has a great deal of catching up to do with the others having sustained moves.

This stock makes and breaks dreams.............