DWA

DWA - Still in a sell zone. I would not buy this. Did you ever see that commercial for channelingstocks.com? This is a perfect candidate, but at this point, only for SELLING. Unlike Google, this still fresh stock has done little but fall since its IPO debut. You don't need to be a technician to see that the channel lines are like electric fences, shocking participants each time into more selling. Technically, I don't see a good slowing down spot until the next large channel line (the pink box), with some outside odds of a bounce in that cluster between 24.62 and 26.73. Having said that, I'd like to see that red indicator rising (white) and, eventually, bouncing *above* the red 50% line. This is not yet a buy in my world.
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