DHBK trade ideas
Analysis: Bearish Channel: Sell ideaBearish channel situation. Big probability of a downtrend because we have the breakout with force the support line and the vwap indicator. Thanks!
DHBK - DOHA BANK: Technical OutlookThu 06.Dec.2018 14:40
Ticker: DHBK
LAST= 22.75
DOHA BANK movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 23.50.
During the next few days the price is expected to go up for 23.50 and then to 23.80.
The Short-Term view is expected to continue to be UP as long as the price is above 22.65.And its recommended to ' BE LONG ' for a targeted price of around 23.90 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 20.65
Res_2 = 23.65
Res_1 = 23.00
Sup_1 = 22.35
Sup_2 = 21.70
