DOWNER EDI LIMITED
Long

DOW - Seems like thePullback is over.

140
DOW looks good and ripe for a move higher because of the break of the Bearish Trendline with High Volume. MACD has got bullish too and maybe the pullback is over and we should witness this leg higher as we are in a clear uptrend. My trade plan is given below:

TP - $5.55 (Potential Gain 7%)
TP - $5.80 (Potential Gain 10%)
Stoploss - $4.88

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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