We've got a very clear head-and-shoulders pattern on the 1d chart for DD, starting last October and culminating this month. As with TWTR, our pattern is reaching its resolution in coordination with earnings.
There is a very small chance that we could have a pop off the 41.05 line if we look at the leg down as a falling wedge, but the head-and-shoulders distribution pattern outweighs what would be a very sharp possible accumulation pattern.
44.42 is an estimated support line based on the accumulation period from May-July '13 and the hammer on 2013-08-07. The major breakdown level will be at 41.05, with no significant support to hold us up until 36.05, with a possible bottom at ~32.
There is a very small chance that we could have a pop off the 41.05 line if we look at the leg down as a falling wedge, but the head-and-shoulders distribution pattern outweighs what would be a very sharp possible accumulation pattern.
44.42 is an estimated support line based on the accumulation period from May-July '13 and the hammer on 2013-08-07. The major breakdown level will be at 41.05, with no significant support to hold us up until 36.05, with a possible bottom at ~32.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.