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Theuptrend.Com Announces That It Has Initiated Technical Coverage Of Digital...
Theuptrend.Com Announces That It Has Initiated Technical Coverage Of Digital Angel Corporation (Amex
Our current technical analysis of Digital Angel Corporation (Amex: DOC), is based solely on our charts. We do NOT check company fundamentals, news, earnings or rumors.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 22, 2005 --
- The current Long Term trend is currently down.
- Our last Early Warning Sell Signal was issued on January 21, 2005.
- This current down trend would come to an end, only with a weekly close above $5.25.
- Current Long Term Price Support zone is at $3.80 and then $4.50.
- Current Long Term Price Resistance is at $6.28, $7.81and then $9.38.
- On a Mid Term basis, this stock looks like it will find support in the $4 area.
- The Pros gave up price control of this stock on Feb. 22, 2005.
- The stock is looks oversold here, and be ready to start a new up move. A close above $4.80 would confirm this.
This analysis is based on closing data for the week of March 18, 2005. And it will change as time passes, and when new price data becomes available.
About Digital Angel Corporation
Digital Angel Corporation develops and deploys sensor and communications technologies that enable rapid and accurate identification, location tracking, and condition monitoring of high-value assets. Applications for the Company's products include identification and monitoring of pets, fish, humans and livestock through its patented implantable microchips; location tracking and message monitoring of vehicles and aircraft in remote locations through systems that integrate GPS and geosynchronous satellite communications; and monitoring of asset conditions such as temperature and movement, through advanced miniature sensors.
Digital Angel Corporation is majority-owned by Applied Digital, Inc. (Nasdaq: ADSX - News). For more information about Digital Angel, please visit www.DigitalAngelCorp.com.
TheUpTrend.com provides on-line Investors with daily & weekly trend analysis, price targets, support & resistance price points, and Who Is In Control analysis, on over 1,200 Canadian and US stocks, Canadian Income Trusts, Gold stocks, iShares and iUnits, as well as all of the major market indexes.
Our current technical analysis is available to the public for the next 7 days @ http://www.theuptrend.com/chart_samples.asp
TheUpTrend.com is an information service for investors/traders and is neither a recommendation nor offer to buy or sell securities. TheUpTrend.com is not a broker or investment adviser and is not acting in any way to influence the purchase of any security. TheUpTrend.com and its personnel may already have positions in equities presented. TheUpTrend.com, its officers, directors and employees shall not be liable for any damages, losses or costs of any type arising out of or in any way connected with your use of its products or services. Securities presented should be considered speculative with a high degree of volatility and risk. Before trading securities, you should consult with a qualified broker, investment adviser and other professionals. We make all trade decisions based solely on technical analysis and do NOT check company fundamentals, news, earnings or rumors. Past performance is not indicative of future performance.
http://www.theuptrend.com/0305/digital-angel-corp.html
More information can be found online at http://www.theuptrend.com/0305/digital-angel-corp.html
Where: London,United Kingdom
Industry: Business Services

Where: london,
Industry: Business Services

Where: Valencia,Spain
Industry: Business Services
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