DIC Technical Overview

DIC Technical Overview

Posted on Tuesday, August 16 2016 at 5:37 pm GMT+0000

Testing 2.25.

The recent break above the 2.21 raised confidence in the market’s ability to move higher towards the 2.32 and perhaps the 2.52 level, providing medium term traders with new investment opportunities entry at that point. Short term traders achieved their initial targets at 2.20 allowing them for partial profit taking, trailing their Stop orders to the entry level waiting for their second targets getting reached at 2.52.

DIC-EN 2016-08-17