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SkylinePro
Apr 14, 2020 12:56 PM

DLN.LSE (UK) - critical juncture 

DERWENT LONDON ORD GBP0.05LSE

Description

After our previous post indicating the future up move on this UK REIT, the Reit increased 9.8%. At this current juncture there are two possible outcomes. The most probable one is that DLN continues its minor wave 5 up and reach 3800. The alternative scenario is that intermediate C wave and primary D of a contracting triangle has finished and the reit will start is move down into the last wave of the triangle. The latter would happen if DLN crosses down 3344. FOLLOW SKYLINEPRO TO GET UPDATES.
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