Each time this stock has gone below $4, steady accumulation has taken place. Now I know we are telling you about DAD in hind sight, and hind sight is a wonderful thing, but seeing how accumulation is working for DAD at these prices helps you pick it up in other charts as they happen in future. Identify these places in any chart, and good trades can be executed.

The legendary W D Gann wrote about this a lot in his books, using monthly and weekly charts to illustarte his points. It is happening faster these days, and daily charts can now also be used. Just remember though, the larger the time period of the accumulation, the larger the rise will be once accumulation breaks.

DAD is a credit management coy, in an industry that is set to see mergers and acquisitions over the longer term in my view. An industry to watch here.

Do notice however the really nasty habit this stock has of breaking below the accumulation zones just before breaking upwards. As if trading isn't hard enough without this behaviour added to it. Much better to see rising lows just prior to the break upwards.