DOUBLEDRAGON PROPERTIES CORP

DD registered a new high today making the previous high our newly found support which is the 4.62 per share. Although we don’t have the complete elements for Ichimoku system, our Tenkan Sen and Kijun Sen lines are in a bullish setup with the former moving above the latter. Virtually we don’t have resistance for now. Buying near the support line would be a good idea and while watching for a bearish candlestick formation. If there is none, DD will continue to create new highs.

Caveat!

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felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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