Falling Wedge Pattern Makes DBD an Attractive Buy Soon. Long
Diebold Nixdorf IncorporatedNYSE
Description
⋅ NYSE:DBD
Diebold Nixdorf is on my watch list now. Looks like we have a failing wedge pattern forming, which signals a possible reversal looming.
Looking to buy this stock in the low $16 area. My first profit zone is $24. Second profit zone is $29.
Demand should be re-entering the market soon for the stock.