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$DAR nice bounce on watch for breakout
Darling Ingredients Inc.
Long
$DAR nice bounce on watch for breakout
By FriscoTrades
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Apr 18, 2022
2
Apr 18, 2022
"Own Tennis Balls Not Eggs"
Nice bounce back after -10% a week as sellers rejected another breakout attempt.
However buyers defended the 10wkMA with a nice bounce and closing just at the resistance zone.
Keep on watch for a blue sky breakout, I think we get one soon based on the tight range and good buy volume (black arrows).
Will remain bullish so long as price holds the 10wkMA
Cheers
DAR
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