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DAY: 0.10 euros is a key level of support for 'trading'

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The drip to the downside of the last few days is bringing DIA stocks closer to key short-term support levels. Around current levels it should start to rebound decisively.

Technical analysis
DOWN TRENDING VALUES
S1
0.085
S2
0.90
R1
0.15
R2
0.21

Short term

Medium term

Long term

In view of the daily chart of the last year, it can be seen that the level of 0.10 euros has acted as support on numerous occasions as support, just as the 0.15 area has also acted as resistance. So we have the title of DIA moving laterally within a range between 0.10 euros below and 0.15 above. And until it gets out of there we won't have any clues about what the next big trend move might be. So at this point it can be said that, in the very short term, the conditions exist for the security to experience a significant rebound from the support of 0.10 euros. A close below would be a worrying sign of short-term weakness.

DIA daily chart

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