Kijun Sen still waiting for DWC

DWC continue to move up slowly and away from the Tenkan Sen line. The Kijun Sen line is still waiting at 2.46 which could attract the price to move closer. Will it rally this week and hit the target? Extra caution is still needed since we don’t have the complete data from Ichimoku system. RSI or Relative Strength Index is currently at 41 which means there is still room for the buyers to push the price up.

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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