TechWatch-esgee: DPL- Broke out with a vengeance

Friday, July 7, 2017

DPL- Broke out with a vengeance

My previous chart dated 26.06.2017 is below

Chart as of yesterday dated 07.07.2017 is below:

Now it will test 11 and support is at 9.00 and above. Buying is risky now if you do not apply stop loss rules. If you have the guts to apply stop loss rules then buy @ 9.50 to target 10.90/11.00, with a stop loss @ 8.90.

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Welcome to TechWatch-esgee..............

This blog was created by me somewhere in July 2007, I did some posts on the ASI and some stocks back then, but through discouragement, and less focus, I did not post continuously. Which I regret now. At last I'm back again, and hopefully I will continue from now on for a longer period of time. In the mean time I like you to read what I wrote when I first created the blog back in 2007, and it goes as follows......... Hi, the Colombo Stock Market is a great place to generate good Returns on Investment. But people have cried fowl about the market as, it's manipulated, rumour driven, front run, have insider dealings etc.etc. Well no one can stop those allegations, when people are relying only on verbal and printed information. This had been the norm from the time the Stock Market was opened in this Country more than a century ago. But since of late a small crowd of people started to study how the Technical Charts and Information can be made use of in the Stock Market. It is certainly proving to be working. Purpose of this blog is to create more awareness in the soceity to start investing, with sound information, without only getting fooled by rumours and other factors. I'm really happy you visited this blog. If you can benefit out of this, I'm sure your friends would do too. Please bring them in as well......

Friday, July 7, 2017

DPL- Broke out with a vengeance

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