D&L Industries Inc. (DNL) September 2016

DNL recently tried to break out of its all time high (ATH) and will retest 11.90 soon to try to continue its uptrend. It seems to have formed a cup with handle formation which might not be a strong base due to the sharp drop to and sharp recovery from its bottom.

Short term support is at ~11.70 and resistance is at ~11.90.
– Candlestick – Doji
– ADX – trending

dnl-20160922

 

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