GE 13 Short-term Trade
DBHD (3484)
|
An important development took place on 24 October 2012 where the price of DBHD broke the resistance of 0.39. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. DBHD close 0.41 with a +0.025 gain on increased volume.
Recommend BUY ON WEAKNESS (Red prices only)
Cutloss 0.38 > 0.37
Target : 0.525 & 0.580
GOODLUCK
|
No comments:
Post a Comment