DJI on top of the uptrend channel
Dec 8
As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel, any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy,
R1 breaks we can expect the price goes up near the blue rectangle
Dec 14
Comment: perfectly moving into the uptrend channel, we expect after a breakout from R1 the price moves to at least R2
Dec 22
the price moved as we expected and reacted to the top of our channel, in coming days DJI might have some retracement but still is moving in the uptrend channel, and R2 zone is our target
As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel, any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy,
R1 breaks we can expect the price goes up near the blue rectangle
Dec 14
Comment: perfectly moving into the uptrend channel, we expect after a breakout from R1 the price moves to at least R2
Dec 22
the price moved as we expected and reacted to the top of our channel, in coming days DJI might have some retracement but still is moving in the uptrend channel, and R2 zone is our target
