Good analysis. The management did mention they want to expand the business to oversea, so we will need to see.
From TA, I believe $11 should be quite solid due to the followings: 1. $11 was the previous resistance and should act as a support now 2. The current 50 MA is at around $11 and the DDR SP usually respect the trend of 50MA 3. $11 is also the FIB 0.382 from the current high.
Always DYOR.
DDR Price at posting:
$11.71 Sentiment: Buy Disclosure: Held
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