• Adjusted Target Of Php19.00 For DNL

    Adjusted Target Of Php19.00 For DNL

    D&L Industries, Inc. (DNL) is one of those stocks that will likely have an upside push in the very near term. As you can see from its chart, the stock has recently broken above its previous peak at Php17.00 on good supportive volume. Given its break, DNL may now move forward and aim for its next technical objective of Php19.00. Moreover, its ability to close strong or end the prior session near its high tells us that the demand for it may likely continue to spill over in the next several days. Note that the stock’s prior hurdle at Php17.00 should act as its new floor moving forward.

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