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#DADA long - price reaches the ascending channel’s lower line
Dada Nexus Limited
Long
#DADA long - price reaches the ascending channel’s lower line
By mansouri
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Updated
Jan 15, 2021
1
Jan 4, 2021
Price on channel's lower trend line
High probability of divergence (MACD, MFI and Moemntum)
MACD crosses above its signal line
Targets: $45 and $60
Jan 15, 2021
Trade active
$45 is touched followed by pullback. MACD is about to cross horizontal line.
$60 is approachable in a three week time frame.
Parallel Channel
Trend Lines
mansouri
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