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Is DSP preparing to trend higher? Crossed Above 20 Day Moving Average shows up after soaring 7.28%
On Friday, June 26th, DSP moved up 7.28% while volume surged to 2.3× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA, Directional Movement Crossover Bullish, Expansion Pivot Buy Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 11.21, 10.63 & 10.28, with resistance at 12.14, 12.49 & 13.07.
Current SwingTradeBot Technical Rating of DSP: C
There’s more where that came from. See all of today’s signals for DSP here.
Read full article here »