ASXSignalCentre

Moving in a channel with potential break out...

Long
ASX:DOW   DOWNER EDI LIMITED
Upward channel formed over last 5 months. Lower trend acting as support.
Potential small trade up to top of channel.
A break above could see price run up to 7.0
Entry around 5.81
Target 6.12
Stop at 5.43
If price breaks upper trend line of channel this has huge upside potential to run to 7.0 and beyond.

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