$DXF can rise in the next daysContextual immersion trading strategy idea.
Dunxin Financial Holdings Limited engages in the microfinance lending business in Hubei, China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,88;
stop-loss — $1,44.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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DXF trade ideas
DXF will be a big winner on Monday!This is is my first posted idea and it is a future prediction completely based on my proprietary stock market ai program that predicts future prices. It predicts DXF will make around 50% profit compared to the latest close price by the next market day which is the upcoming Monday. It predicts DXF will reach a high of 1.25 and the estimate has a std error of 0.12 and a r squared of 0.938.
As you can see in the chart, the demark reversal points thinks it is a selling point but I believe the uptrend will continue and the roofing filter shows a clear uptrend.
Be sure to like my idea and follow me! I will try to publish more of these upon request but I wanted to go ahead and make this my first idea.
Imminent Position Formulation - Daily Interval - DXFHello Fellow Successful Traders,
The stock (DXF) has had a significant amount of consolidation throughout that previous years. Utilizing various technical approaches, as well as fundamental observations, the stock will (soon more or less) experience volatile PA (Price Action) Levels. Be diligent and consider the prevalent (adverse) risks associated with emotional trades. Wait for a Proper Entry Moment (and do not be greedy).
Resistance Level 2 - (7.00 - 7.30) 30 cent interval
Resistance Level 1 - (4.85 - 4.15) 30 cent interval
Key Price Zone (KPZ) - (3.70 - 4.00) 30 cent interval
Support Level 1 - (1.65 - 1.90) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate