Friday, January 19, 2018

DD price action analysis

DoubleDragon Properties Corp.

DD's recent price action is now hovering the resistance line of its 9-month downward price channel. This resistance line looks strong so far as all breakout attempts were shutdown.

*Major support around 36.

Trading Plan
- Avoid for now.
- Buy the breakout from downward price channel on good volume.
- For long term position, accumulate below 40, the lower the better.


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