Danakali (DNK)

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Danakali (DNK): Signals

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Summary

Danakali current pivot point (Woodie) is:
$0.834.

The current resistance levels are:
(R1) $0.843
(R2) $0.859

The current support levels are:
(S1) $0.818
(S2) $0.809



One of the key differences in calculating Woodies Pivot Point to other pivot points is that the current sessions open price is used in the PP formula with the previous sessions high and low.

[Calculation] Woodie Pivot Point:
1) R2 = PP + High – Low;
2) R1 = (2 X PP) – Low;
3) PP = (H + L + 2C) / 4;
4) S1 = (2 X PP) – High;
5) S2 = PP – High + Low – Closing Price – High – Low;

Top 10:

Woodie Pivot Point

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