DGKC ACCUMULATION BOX TRADE IDEA
DGKC IS TRADING IN A ACCUMULATION BOX. HALF YR RESULT WILL BE ANNOUNCED TODAY. EXPECTING GOOD RESULTS WHICH WILL BREAK THE ACCUMULATION BOX.
THE REAL REISTANCE IS AT 108.20 WHICH IS THE WEEKLY PREVIOUS HIGHER LOW AFTER WHICH THE STOCK WENT DOWN to all time low.
HOWEVER THERE IS A DEVIATION FROM 109 TO 112.
AT THE BREAKOUT AT 112 WITH LARGE VOLUMES will start the uptrend
A retest might be possible at the top of accumualation box at 112. Watch on 5m and 15m The EMA 21 is currently acting as a support.
the next quick target will be 116 . If the stock gives a strong breakout above 116 then 122 looks like the next target.
THE REAL REISTANCE IS AT 108.20 WHICH IS THE WEEKLY PREVIOUS HIGHER LOW AFTER WHICH THE STOCK WENT DOWN to all time low.
HOWEVER THERE IS A DEVIATION FROM 109 TO 112.
AT THE BREAKOUT AT 112 WITH LARGE VOLUMES will start the uptrend
A retest might be possible at the top of accumualation box at 112. Watch on 5m and 15m The EMA 21 is currently acting as a support.
the next quick target will be 116 . If the stock gives a strong breakout above 116 then 122 looks like the next target.
Trade closed: target reached
AS EXPECTED, THE MARKET DID EXACTLY AS TOLD IN DESCRIPTION ABOVE THE TARGET AT 122 IS ACHIEVED. ENJOY IF YOU FOLLWED. 8 TO 10 PERCENT RETURN IN 2 DAYS.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.