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deepiceman
22. Mai 2018 15:11

$DO Cup and Handle Daily & Weekly Flat top Long

Diamond Offshore Drilling, Inc.NYSE

Beschreibung

After consolidating for the past 6 weeks or so, DO is ready to take off again. It is creating a cup and handle pattern on the daily chart and trying to break over the flat line on its weekly chart.

Kommentar

The last couple of days the complexion has changed and it is now putting in a bearish engulfing candle on the weekly chart. This might need more time now to regroup itself.
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