DIZ - on its way to test resistance at 12.5
DIZ = 11.25 (13.6%)
DIZ formed a white candle with higher high and higher low with significant volume. It looks like it is about to test the resistance at 12.5, the all time high.
Disclosure: Sold all of DIZ at 11.5, thinking that 12 was the all time high and that it would most likely become a significant resistance level. Just found out that 12.5 was the all time high. Would get back into DIZ once 12.5 is broken with big volume. I believe DIZ would test 12.5 then retrace to gain momentum for its eventual break of 12.5
Resistance: 12, 12.5
Support: 10.25, 9.9
Good luck to all DIZ traders
DIZ formed a white candle with higher high and higher low with significant volume. It looks like it is about to test the resistance at 12.5, the all time high.
Disclosure: Sold all of DIZ at 11.5, thinking that 12 was the all time high and that it would most likely become a significant resistance level. Just found out that 12.5 was the all time high. Would get back into DIZ once 12.5 is broken with big volume. I believe DIZ would test 12.5 then retrace to gain momentum for its eventual break of 12.5
Resistance: 12, 12.5
Support: 10.25, 9.9
Good luck to all DIZ traders
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