Tuesday, April 22, 2014

D&L Industries, Inc. (DNL) - April 22, 2014

Technical View
Weekly Chart
> Looks like DNL is forming a Possible Bearish Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 10.33.
> The 113.0% Fibonacci Extension seems to be supporting the downside. Further support is noted at 100.0 Fibonacci Retracement Level and Lower Median Line of Andrew's Pitchfork.
> Resistance at Median Line of Andrew's Pitchfork and 127.2% Fibonacci Extension.
> RSI is currently at 68.78 (Based on 30-Day Period). Resistance at 70.


















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