Data Centres, WFH, ASX:DXN
With a number of large tech firms leading the way with permanent WFH arrangements for staff, i'm expecting many companies will be downsizing and lose the realestate required to house their own data and servers. I'm long on Data Centres.
DXN is still early in the game with huge long term growth potential
In the immediate term i'm entering a trade based on:
Entered: 0.025
Target 1: 0.033
Target 2: 0.042
Target 3: 0.052
DXN is still early in the game with huge long term growth potentialIn the immediate term i'm entering a trade based on:
- established upward trend (higher highs and higher lows since end of May)
MACD divergence and imminent crossover
massively increased volume
RSI support
Entered: 0.025
Target 1: 0.033
Target 2: 0.042
Target 3: 0.052
Trade active
Entered: 0.025
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