Nick_C_

$DRII thesis

NYSE:DRII   None
Although not as liquid as would be preferred, Diamond Resorts has a potential double bottom pop up at gap support on the horizon. The $19 dollar mark has just been successfully tested for the second time, as RSI has remained bullish bouncing off the 50 line. While the May resistance line has been broken, price remains in a range and I would like to see the upper BB and MACD supporting thesis. Until then, on watch.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.