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Analysis: #NYSE $DXC

Case 318 #DXC_Technology - Revisited

Special request: Sveta

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#DXC 1/4
Chart 1
Weekly Chart: Since the analysis of Nov. 2019, price has declined greater than anticipated due to bad market sentiment. The decline was halted on the #Fib. 0.942 at 8.04 and on a positive note failed to close below .....

DXC 2/4
..... the 30 year #trendline. Immediate #resistance is the #SMA 20 at 19.97 (unreliable) then 3 year trendline at 21.72.

DXC 3/4
Read 4 tweets
Analysis: #NYSE $DXC

Case 48 #DXCTechnology

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#DXC 1/6
Since peaking at 107.85 DXC Technology was slammed lower and is very #bearish in the longer term. Although the daily chart points to some bullishness we expect further downside for the months ahead.

DXC 2/6
Chart 1
Monthly Chart: A close above the 14 year #pivot was finally achieved in Feb. 2014 - this was the early start that would propel the bullish move towards the all time high at 107.85. ......

DXC 3/6
Read 6 tweets

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