DBRealty has surged about 20% in the last trading day. The company has found support near a recent low made during Sept month end. The support is marked by a yellow line. Also high volumes greater than average volume can be observed in the last trading hour.
Watch the stock to see if it is going to breakout of the resistance level at high volume. If it breaks out of this box at high volume then one should look to enter a long position on the stock.
Current Share Price:- 64.50
Kindly note that the advice we provide are based solely on technical analysis. There are thousands of factors that can affect the price of a stock. So do not rely solely on our tips. Please do listen to news and also perform your own analysis to determine whether you should enter a position or not. We would not be held accountable for any loss you might suffer in process of trading. The above are for information purposes only, trade at your own risk.
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