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Look At This $DANG Stock

|Includes:E-Commerce China Dangdang Inc. (DANG)

By Jeff Pierce

DANG has been impressive and based on a measured move playing out and coming up on long term resistance I think this stock is getting ready to pause and consolidate it's gains. Watch the weekly RSI for a return to the 40-ish level as that could be an area where this could be a strong buy. The weekly RSI is so strong and suggests that this will be much higher 3-4 months from now although expect some short term weakness.

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Stocks: DANG