Thursday, November 8, 2007

DIZ - testing resistance at all time high - 12.5

DIZ = 12.5 (11.1%)

DIZ formed top and bottom shaven white candle with higher low and higher high to test resistance at all time high of 12.5 with good volume despite the bearish pressures from local and US markets.

DIZ formed aggressive demand line to signal bullish momentum.

Resistance: 12.5 (all time high)
Support: 10.75, 9.9-9.7

Good luck to all DIZ traders!

Disclosure: bought DIZ at 12.5 during run off thru my favorite broker M

.Mac (Apple Computer, Inc.)Fujitsu Computer Systems CorporationIomega CorporationWestern Union

No comments: