DIB Technical OverviewPosted on Wednesday, December 6 2017 at 5:45 am GMT+0000
Further rally above 6.09.
Long term traders should remain on the side at the time being and patiently wait for Bullish reversal signs above 6.29. Only clearing that level can spark momentum. Although the share completed a Bearish reversal pattern with the down-break of 6.05, the medium term structure is still weak at the time being and a break above 6.09 can ease the immediate downside pressure and propel prices higher for a retest of 6.25. Though, if prices fail to rise and instead drop below 6.01, bearish momentum will be restarted for a retest of 5.95 below which medium term Bearish prospects will be strengthened.