Bears break the 38.2% Fibonacci Retracement level on DNL

The support of DNL at 38.2% Fibonacci Retracement level failed to protect DNL as it fell by 2.59% last Friday. The 20-day SMA line failed as well. There is no signal from our candlestick of possible reversal as of this time. This might touch 6.50 unless the bulls will show some of their might.

Caveat!

One Response to Bears break the 38.2% Fibonacci Retracement level on DNL

  1. Apektado sa ghost month bossing? Mukhang baba pa ito…

Leave a Reply