DSI Technical OverviewPosted on Thursday, October 26 2017 at 4:37 am GMT+0000
Room for further advances.
Given the Bearish characteristics reflected on the weekly charts, long term positions remain on hold. While the medium term uptrend continues to gain traction. Bullish breakout above 2.02 increased our confidence for further advancements and encouraged for the activation of new positions. With the share reaching initial targets for medium and short term positions activated above 2.02, traders who liquidated partial positions can trail stops to the breakout level protecting any surprising shift in momentum.