I am long DIG, but I'm skeptical until it can move away heartily from its neckline. The anemic volume, which has been downtrending for an entire year, is troublesome.
All the same, if it does continue to move upward, the measured move appears to reach a target of approximately $51, which just so happens to be a gap formed last October 3rd. That would be just poetic, if it were to push all the way to that gap.
As I said, I'm long this position, but I'm withholding judgment until we can get higher.
