A price action above 133.00 supports a bullish trend direction.
The target price is set at 143.00 (against the resistance trendline).
The stop-loss price is set at 133.00.
The 200-week simple moving average might act as major support.
It appears that a rising wedge pattern is also developing (see the dotted converging trendlines). Note that this pattern is still...
If you're looking down the data center/cloud computing supply chain, DLR, which has META, Oracle and Verizon among it's customers may be a stock to consider. Following a print at 52-week highs in November, the share has since consolidated in a tight range. Here, clearing the downward trend line would trigger a swing buy/long. Buy at current levels or better. As...
In my view chart is inside an uptrend and after passing of a major price level, it's pulling back to it. I'm waiting for a good trigger, e.g. bullish candle, for getting new buy positions.
Analyzing the options chain and the chart patterns of DLR Digital Realty Trust prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $2.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Hi viewers, DLR price is break first zone, in last periods strong bullish push we are have, currently here for next period still bullish for expect
TP1:120
TP2:125
DLR is unable to sustain above its 200-day moving average (200MA). I predict that it will likely undergo a retest of its 50-day moving average (50MA) at around the $95 range.
DLR
Monthly chart
The simple harmonic index SHI traced a sharp rise indicating a possible breakout in prices.
The SHI is one of the time cycle oscillators.
DLR seems to be falling out of the channel on this log chart but I think it will maintain structure
The 1,2,3 labels are my pattern counting method and are considered similar points when they are labelled the same number
The circles are also considered similar
Lets see what happens
The PEAD projected a Bullish outlook for $DLR after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
The PEAD projected a Neutral outlook for $DLR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 76.92%.
Cup Handle structures can be seen within previous large riding wedge
What has formed for us now is the handle of a similar pattern, we are just waiting on the cup to finish forming
The PEAD projected a Neutral outlook for $DLR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
📌Digital Realty Trust currently operates and leases 280 facilities in 25 countries across the globe. Demand skyrocketed for data storage, thanks to the pandemic pushing a large number of companies and services online. Price in CHANNEL pattern, strong bullish candles formation, technically bullish push expected.
💡 DLR technically based idea, sideway matket in...
It's coming off of being heavily oversold and is now crossing above the 50 line on the RSI as well as breaking above the 800 day EMA. This could be the start of a 786-886 retracement to the upside.
