DD still going up. No bearish candlestick seen yet
DD registered another high today. Our only resistance is the intraday high of 9.75 per share while current support is at 8.02 per share or 23.6% Fibonacci Retracement level. This support may not be a strong one compared to the next support at 38.2% Fibonacci Retracement level. Based on candlestick, we don’t see any bearish signal yet so there is a tendency it will continue to go up. With the stock now trading with RSI at 99, the risk is getting higher and higher.
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