* DGD has been channeling very nicely upward
* This recent upward spike has broken the existing upward trend in a positive direction.
* I have pointed out the new upward channel that has formed (in blue lines) and i have actually taken a buy position at the blue arrow once it bounced off the support of the previous existing upward trend line.
* I see this reaching the .06 range where i will take my profit
* If the trend holds i see it going to test new highs at 0.80
Cheers!!
* This recent upward spike has broken the existing upward trend in a positive direction.
* I have pointed out the new upward channel that has formed (in blue lines) and i have actually taken a buy position at the blue arrow once it bounced off the support of the previous existing upward trend line.
* I see this reaching the .06 range where i will take my profit
* If the trend holds i see it going to test new highs at 0.80
Cheers!!