DCI is making HH and HL and short term gain is expected as mentioned in chart
There is a potential head and shoulders in the making. If we break the neckline it is good idea to short it.
About to go long DCI Donaldson Company due to the breakout with volume of the small base, which is also a new 52-week high. Also part of a strong sector. Target is open-ended.
All moving averages on this are bullish. Nice retest gap recently. Good volume with an morning star reversal pattern.
Donaldson Company shares have consolidated near the strong USD 36-37 support level for the second month in a row. On the daily chart, RSI shows a bullish divergence. RSI crossed 50 and is testing the mark to the downside. Should this level hold within two trading sessions, then there will be a buy signal, with the first target price at USD 40. My forecast...