Wednesday, April 9, 2014

DMCI Holdings, Inc. (DMC) - April 8, 2014

Technical View
Weekly Chart
>It seems that the Potential Reversal Zone (PRZ) of a Bearish Crab is already retested for four times. Let’s see in the coming days if the Bull will give up or it will break the PRZ and make a new high.
>Next support is at 23.6% Fibonacci Retracement and Lower Median Line of Andrew’s Pitchfork. Resistance is at 161.8% Fibonacci Extension or the PRZ of Bearish Crab.
> RSI is currently at 63.62.

 #Caveat
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