Dow 9,868.71 -94.32 (-0.95%) | Nasdaq 1,798.88  -22.75 (-1.25%) | S&P 500 1,070.74 -9.96 (-0.92%)

Short Term Successes are Barely Above Meaningless in a Tough Market
The market (M in CANSLIM) will squash all when it wants to and many folks can get stung without an understanding of that fact.  The reversal of DHB into its prior base negates the latest technical breakout or buy signal.  Off on high volume already today, only a strong resolve will allow it to close at the middle or upper portion of today's trading range.

Still, it appears more likely to do more downside testing and spend several days and weeks consolidating before it might ever retry again for new highs.  If it is ultimately going to rise to $20, $25, or $30+  it will first need to rise above $16 and $17 and $18. Investors will have a chance to notice when it is breaking new highs and an opportunity to perhaps buy it back then - whenever proof of heavy buying demand returns. Now you can hope all you want that the bottom of its base and the 50-day moving average (the lower green line) will prove to be solid support, but O'Neil's guideline says that if you are down 7-8% from your buy point the right thing to do is sell.