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Showing posts with the label DIZ

DIZ weekly - hammer

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DIZ formed a white candle with lower high and lower low. DIZ seems to have formed a bullish hammer. This hammer will be confirmed if DIZ manages to form higher lows in the coming weeks. I hope it does :) Good luck to all DIZ traders!

DIZ - gap up! closed previous gap down!

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DIZ = 5.9 ( 20.4% ) DIZ formed a gap up white candle. Volume nearly triples previous day's volume. DIZ closed previous gap down. DIZ on its way to test resistance at 130MA? Good luck to all DIZ traders!

DIZ - tried to break resistance but wanting in volume

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DIZ = 11.75 ( -6.0% ) DIZ formed a black candle with higher low and higher high. DIZ was able to open with a gap up above the resistance set by the all time high at 12.5, which for me was a signal to buy... As the trading day progressed DIZ lost its steam and closed below the all time high at 11.75. It is now a concern that DIZ might be forming a top or a reversal pattern aptly called dark cloud cover. It would be realized this coming trading day whether 12.75 is the the top of the run and the new all time high for DIZ. A confirmation would likely be a lower high and a lower low. If bulls are still in control DIZ would likely form a higher high and higher low and significant increase in volume to take out the resistance at the previous all time high of 12.5 Resistance: 12.5-12.75 Support: 11.5, 9.7 Good luck to all DIZ traders!

DIZ - testing resistance at all time high - 12.5

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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

DIZ - on its way to test resistance at 12.5

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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 - forming aggressive demand line

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