Turning Down
Our Pivot: 34.20
Our Preference: Start short selling DOL from current price and average it out till 33.50 with strict stop loss of 34.20 and profit target at 29.80 with extension towards 28.50.
Alternate Scenario: Upward breakout of 34.20 will call for 36.50 & 37.
NOTE: DOL is being capped by a strong resistant trend line and chances of a daily evening shooting star have become evident.
Daily chart with Supports & Resistances:
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