Derwent London is tracing minute wave 3 of primary wave 3 down. In this scenario prices will soon reach levels below 2,400. If prices crosses up 3,674 this scenario should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
DLN(UK) has finished primary wave A up, as the critical mark in the previous shown analysis was crossed. It is now tracing the first waves of a intermediate wave A down. After it is complete in 5 waves, there should be a small correction up and prices should fall again in order to cojplete primary wave B down. This scenario will be void if prices crosses up 3666....
Derwent London is a REIT owner of prime office buildings in London. It is currently tracing minor wave C up of a possible wave primary wave D of a contracting triangle formation. The most probable target for the end of minor C is at 3,796. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
After our previous post indicating the future up move on this UK REIT, the Reit increased 9.8%. At this current juncture there are two possible outcomes. The most probable one is that DLN continues its minor wave 5 up and reach 3800. The alternative scenario is that intermediate C wave and primary D of a contracting triangle has finished and the reit will start...
UK Property REITS including Derwent (DLN) have today closed above their 38% retracement levels following brexit.
Having been long DLN from 2400 on 7th July, this provides a bullish signal indicating that resistance has been successfully broken (following a week's worth of testing) and that price should rally towards 3019 in the next few weeks.
Should we see a...
