In last evening’s Forecast Report, Dataram (DRAM) offered a possible early Wednesday start near the 4.70 area. The evening ceiling near 4.90 to 4.80 also signaled a possible target for short sellers if the opportunity presented itself Wednesday.
In pre-market trading, DRAM opened near 4.50 and pushed to a pre-market high of 4.81, right in the middle of our sell target range. A trade from that high as measured back to the 4.62 hit late in pre-market trading was a 4% winner. A sell at the 4.81 high, as measured to the regular session low of 4.13, was a 16.5% winner.
