DELTA CORP LTDLong
Delta Corp: Ready to make a move
A symmetrical bullish triangle formation helped with an increase in volume augurs positive movement.
RSI has crossed 50.
A movement beyond 180 and with an initial target of 189 will create significant momentum and movement in this stock.
The stock has breached the 55 day EMA but reversed before it could touch the 200 day EMA.
I feel there is strong support between 166 and 160.
RSI has crossed 50.
A movement beyond 180 and with an initial target of 189 will create significant momentum and movement in this stock.
The stock has breached the 55 day EMA but reversed before it could touch the 200 day EMA.
I feel there is strong support between 166 and 160.
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