Hello Friends!
I believe DJI has more downside. Currently, it’s trading in the channel that was developed in 2009 to current. Week of June 13th it tested the bottom of the channel at 29653. Now it’s approaching strong resistance at 31533. Going into next week I think any negative news can push this out of this channel and on its way to test the 28495-28902 gap.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
I believe DJI has more downside. Currently, it’s trading in the channel that was developed in 2009 to current. Week of June 13th it tested the bottom of the channel at 29653. Now it’s approaching strong resistance at 31533. Going into next week I think any negative news can push this out of this channel and on its way to test the 28495-28902 gap.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.