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Diana Shipping Inc. Message Board

  • grump430 grump430 Aug 19, 2013 11:52 PM Flag

    chart

    The chart is showing an ascending triangle that briefly penetrated the upper trendline only to pull back to todays low. The late July low did not tag the lower Bollinger Band suggesting a bullish bias.
    Now the bulls want to see the 50dma hold and the ascending triangle complete and give way to a continuing uptrend.

    Sentiment: Hold

 
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