clair097

DoubleDragon Properties Corp. DD continues to respect the resistance line of its 9-month downward price channel. Volume trend however tends to get weaker on every dips, a potential sign that it may have found its support area. *Major support around 36. Please see previous analysis for trading plan on DD: https://psetrends.blogspot.com/2018/01/dd-price-action-analysis.html

DoubleDragon Properties Corp. DD's recent price action is now hovering the resistance line of its 9-month downward price channel. This resistance line looks strong so far as all breakout attempts were shutdown. *Major support around 36. Trading Plan - Avoid for now. - Buy the breakout from downward price channel on good volume. - For long term position, accumulate below 40, the lower the better.

DoubleDragon Properties Corp. DD is currently tiptoeing the immediate support area around 51 in a sideways price action. Trading Plan - Buy near support for a potential range trading opportunity. - Set appropriate stop-loss with at least 1:2 risk reward/ratio.