DE is in an ascending triangle with a potential to fill the gap up to $90.50. I will wait and see if the price breaks above the triangle at $84.90 then go long for a target of $90.50. A more aggressive entry could be the point where the price touches the rising trend line, lets see. Note
Forgot to mention that the RSI is also following a rising trendline which is a conformation that the probability of the price breaking out (above) is high.
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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.