DAVIN almost done creating a cup
DAVIN continues to develop the cup which will end at around 1.25 per share. After that it will be a wait and see if it will create a handle or not. If we will see a bearish candlestick pattern then a handle will be created, otherwise it will continue to move up and may hit 1.50 per share. That will be our top range while 1.40 will be our lower range in case it will have to create a handle.
Ichimoku elements are currently in a bullish setup.
RSI or Relative Strength Index is currently at 72
More from my site
Latest posts by felix (see all)
- Philippine Stock Market – Update on selected stocks 4/21/2017 - April 23, 2017
- Philippine Stock Market – Update on selected stocks 3/31/2017 - April 1, 2017
- Philippine Stock Market – Update on selected stocks 3/17/2017 - March 19, 2017