DIB Technical OverviewPosted on Thursday, December 14 2017 at 5:45 am GMT+0000
Eying a retest of 6.26.
Long term traders should remain on the side at the time being and patiently wait for Bullish reversal signs above 6.29 before ruling out any slowdown in momentum. Only clearing that level can spark momentum. The move above 6.09 managed to complete a daily reversal changing by that the medium term trend to Bullish. This move paved the way for further gains in the direction of 6.15 which was reached and 6.25 in the coming days given market conditions stay the same. Therefore medium term traders should trail their positions to their entry while waiting the share to reach towards their second targets.