Stock analysis Delta Corp Limited DELTACORP
Recent prices of DELTACORP Delta Corp Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Delta Corp Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Delta Corp Limited DELTACORP at this time. Stock is falling and might fall more.
It appears as if Delta Corp Limited DELTACORP gave a large move recently.
Stock of Delta Corp Limited (DELTACORP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Delta Corp Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Delta Corp Limited stays below 140.4, but if it comes above 140.4, then a intra day buy could be more profitable.
If you take a sell trade below 140.4, then use 140.4 as stoploss and 116.7 as target. However if you take a buy trade in Delta Corp Limited, then use 140.4 as stoploss and 160.09 as target.