SteynTrade

JSE:DTC Datatec Looking to Close the Gap

Largo
SteynTrade Actualizado   
JSE:DTC   DATATEC LTD
Datatec has formed an accumulation trading range (TR) and backed up (BU) to the TR after the breakout. Today there was a breakout of the BU Trading Range. The markup in Phase E can now be expected and potentially could close the gap formed in January 2018.
Comentarios:
We have seen a consolidation at the yearly pivot point with declining volume and divergence in the RSI. A break of the pivot point could result in a good move higher but a break of the advancing trend channel will cancel this idea.
Comentarios:
Well, it was a break of the channel and 50DayMA.
Comentarios:
A spring and break above the yearly pivot point with volume could indicate that this was reaccumulation.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.