DDD - Hated but due for a bounce soon

١٨ مايو ٢٠١٥

DDD is approaching an interesting level. A combination of support from the downward sloping channel going back to Dec 2013 along with a significantly oversold daily RSI may provide the means for a quick bounce. Vertical lines note similar times previously where daily RSI has moved below 25. The past three instances (within the downward channel) has produced gains of 54%, 15%, and 24%. Support as noted on the chart will be between 19.00-20.00.