DAVIN is trading the range

We have an interesting movement on DAVIN‘s daily chart. It is range trading at 1.07 – 1.15. You also notice that candlestick indicators precedes the up or down movement within the range. Last August 7 we have a Doji before it went up to 1.15 and a Hanging Man was seen before it retraces. This time we are looking at an Inverted Hammer which is a bullish indicator. Are we going to see DAVIN going up and finally break the resistance? Or traders will leave this stock and let if fall below the support line?

Caveat!

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