DGKC in PSX in hourly time frame has closed above EMA50 on Friday with current price of 99.75. If viewed closely, the channel formed from 20th December bottom is intact. previous high price is around 110.
In Monday's session, it is expected to stay above EMA50 which is 100 now, buying here with a target of 110 or channel top is around 113 can give 10% plus profit in a shorter period.
MACD, RSI and my own combined indicators are adding support to this view.
In Monday's session, it is expected to stay above EMA50 which is 100 now, buying here with a target of 110 or channel top is around 113 can give 10% plus profit in a shorter period.
MACD, RSI and my own combined indicators are adding support to this view.
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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.