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.
_____
To know more about the Trading Edge Equity Advisor, kindly click HERE. Subscribe now to receive email alerts before the price moves! 🙂
*Consensus target price or average target price given by the major foreign and local brokers of various stocks on top of index names are available in our Equity Advisor!
For those who are interested in technical analysis or learning how to profit using charts, we have an upcoming Technical Analysis Course on March 21 to March 22, 2015. For more information, you may send us a direct message here or text/call (+63) 917 899 90 09.
