Will DNL hit 6.0?

DNL is currently at the 50% Fibonacci Retracement level after it fell by 5% last Thursday. The bulls were able to stop the price from moving further south. Will the bulls be around to take the lead tomorrow? The candlestick pattern is not really a strong reversal pattern but if we will see a strong green candlestick tomorrow then we may live again. But I think any spike will be short-lived. It seems that 7.00 is a very strong resistance and 20-day SMA line may also help prevent the price from moving upward.

Next support is around 6.0

Caveat!

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