DEYAAR Technical OverviewPosted on Sunday, April 30 2017 at 5:18 am GMT+0000
Bearish scenarios continue.
With the primary trending characteristics continuing to be weak, long term traders shall remain neutral waiting for a stronger technical picture. At the other hand, the recent medium term breakout below the 0.550 key level, confirmed the intention of the share to continue to lower levels. Therefore, with Bearish scenarios continuing to develop, both medium and short term traders are advised to stay out of the market, and patiently wait for Bullish reversal patterns before making any new market entry decisions.