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dorfmanmaster
Jun 28, 2019 3:32 PM

Ducommun - technical/fundamental bull Long

Ducommun IncorporatedNYSE

Description

DCO has a beautiful looking chart!

It has been in an uptrend channel since the beginning of 2017. (check chart for more details)

Earnings report trend are usually positive surprises, that have maintained the trend so far.

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I would consider entering a position if we brake SMA(50) on a daily chart, with strong volume. (currently at $45.3)


Have a great weekend!

Happy trading,
dorfmanmaster




Comment

Channel seems to be holding, even during the volatile time.

If you want to check out an aerospace & defense ETF, without Boeing's exposure. Check out --> XAR
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