DDivine DDreams ?

After just over a month, DD have trekked from the IPO price of php 2.00 to  a dizzying php 9.04  or an increase of 450% .

There is an ongoing debate on whether DDivine is headed up or down.


On Yesterday's closing, DD dropped 4% adding fire to the bears' argument that the prices have peaked and will be trending down.

But is this argument valid ? Does one day a trend make ?

Let us discern what Ms. Market have to say.

If you look at the daily chart,  DD actually respected the 20 day moving average support and bounce back up from there to close higher than the day's low.

Now if you look at the weekly chart, DDivine looks even better. It consistently closed each of the six weeks in positive territory. It even chalked a gain of 34% this week.

Do you agree with me to.....

Sit Tight ,
and Enjoy the Ride

until the uptrend line breaks ?  :)