My views of support and resistance for DPHARMA. A couple of basic rules apply here. I personally think there's some potential upside movement to this stock.
1. Broken support becomes a resistance and vice versa
2. The more hits that a support or resistance is able to defend, the stronger it gets
3. Volume, volume, volume
Of course, all 3 rules above are based on human psychology and bound to repeat itself. We're creatures of habit after all.
1. Broken support becomes a resistance and vice versa
2. The more hits that a support or resistance is able to defend, the stronger it gets
3. Volume, volume, volume
Of course, all 3 rules above are based on human psychology and bound to repeat itself. We're creatures of habit after all.