StockGuru has issued a Break-out Alert for Dakota Plains Holdings, Inc. (DAKP)
Shares for DAKP are up as much as 14.77% on substantial early trading. After a selloff in the past month, the share price is recovering to levels now approaching prices not seen since September. Right now shares are trading at $3.73.
Although volume was much lighter in September, the high then was $6.25. It should be noted that volume is increasing presently as these latest price increases are happening. That is a great technical indicator.
About Dakota Plains Holdings, Inc.
Dakota Plains Holdings, Inc. (Dakota Plains) is a publicly traded company, principally focused on developing and owning transloading facilities, marketing and transporting crude oil and related products within the Williston Basin oil fields. Dakota Plains New Town, N.D. transload facility is centrally located in Mountrail County, N.D., which continues to experience the most drilling activity in the Williston Basin. Through its wholly owned subsidiaries, Dakota Plains currently participates in three joint ventures that markets, transloads and transports crude oil. Each joint venture is organized in the form of a limited liability company of which indirectly holds a 50 percent membership interest. www.dakotaplains.com.