DIB Technical Overview

DIB Technical Overview

Posted on Monday, June 5 2017 at 4:33 am GMT+0000

Returned lower.

Taking into consideration the above trending characteristics, no long term positions are recommended at the time being and traders shall patiently wait for strong support confirmation before instating new longs. While any drop below 5.72 could restore the medium term downtrend, and push the share deeper signaling for a probable retest of the 5.36 marked as the March Bottom. Only a decisive move above the 5.95 would attract interest in the share, indicating to a move initially towards the 6.10.

DIB-EN 2017-06-05