Dominion Homes shares fell 34%
Wednesday, August 15, 2007
Chart courtesy of stockcharts

Dominion Homes shares were down today nearly 35% to $2.32 after company posted a wider-than-expected quarterly loss in a slowing housing market. Looking at the daily chart, stock is now in a bad moment after share price have reached a 52 week low and breakdown the major support of $3.25. All Indicators are now in Bearish territory so be careful before enter long at this level.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

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posted by Pro Investor Trader at 2:16 PM | Permalink


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