re: Ann: Letter of Intent signed for Third Du... Ximing, I am having trouble uploading charts so I will have to answer your question without a fresh chart.
I was expecting the top of this run to be between 1.7 and 1.9. Some resistance at both levels. I would be expecting some supply to come in and a retrace in SP, possibly to 1.4 before the next run. A couple of low volume test days wouldn't be a bad thing to pull out latent supply.
see post : 253169 for a chart I put on the DT aftermarket lounge last night. On it you can see the horizontal and oblique reistance at 1.7 , 1.8 and 1.9 You will have to imagine the extra row of "x" going up to 1.7!
With all this resistance lining up I sold a large portion of my holdings at 1.6 today. I still hold a few if there are a couple more pips to be had!
I hope this helps
cheers
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