DODO to 3.8

4 ביוני 2021

Chart shows daily bars and DODO hitting Monthly Support level 2 (MS2) on May 23rd, which is pretty over sold. Pivots tend to trade at resistance to support lines, and vis versa, on their corresponding timeframes. DODO has a reason to meander to a Monthly Resistance 1 (MR1), judging by the price action since MS2.