DOID has built a double bottom pattern since end of March 2021, and a potential inverse head and shoulder if we look up the chart since December 2020.
There is a potential break out in this ticker. Disclaimer on.
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Based on our review, we still hold DOID for the end of May. The price hit our support but not broke it down. Our consideration due to The DXY has indicated a rally of commodities which DOID's industry is.
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DOID almost hit the target, we had reduced our exposure on DOID in our portfolio. On May 28, 2021, DOID had a Doji pattern on its strong support (350's) and it seems to confirm the reversal on the end of the May 2021. Having average down would be good for us.