DEYAAR Technical OverviewPosted on Tuesday, September 26 2017 at 4:29 am GMT+0000
Strong negative prospects.
The medium term trend characteristics remain Bearish; the dip below 0.510 has significantly weakened the technical picture, and smoothed the path for further declines where the share broke below the initial projected level at 0.500. Moreover, the recent drop below 0.490 has confirmed that the short term Bearish stage that was initiated below 0.510 is still in progress and expected to continue gaining traction. Medium and short term Bullish scenarios remain on hold in the near future while waiting for the share to show strong signs of support to contain further losses.