DNEX PRICE NEED TO MAINTAIN ABOVE 0.19 TO DO REBOUNDDNEX PRICE NEED TO MAINTAIN ABOVE 0.19 TO DO REBOUND.
DNEX trade ideas
DNEX Price has enter the trading range area, bullish if key resistant level break. Or price continue falling to support key level before start to Trend up again.
Training 26/8/2020 - DNEXAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
Training 30/7/2020 - DNEXAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
DNEX 27/7/2020-DNEX melakukan tujahan yang tinggi dengan volume yang padu merentasi resistance 0.275.
-namun price trakhirnya berhenti di resistance 0.275.
-mungkin akan melakukan tujahan seterusnya pada keesokan hari bagi memecahkan rintangan 0.275 dan terus menujah ke atas.
-mungkin juga perlu berhati-hati kerana berkemungkinan dnex akan menurun kembali ke support 0.230 asal kerana tidak berjaya memecahkan rintangannya.
ini hanyalah sekdar pandangan. harap dapat dipertingkatkan dan dimprovasikan oleh sifu-sifu lain.
DNEX PredictionThe prediction above is done based on technical analysis. Please trade at your own risk.
DNEX target LONGTA
As we can see price able to close above nearest LH structure at H1 and reject TL resistant daily. I am more interested to buy at discount price area 0.215-0.200 as fresh demand areas. Wait for reversal candle or buying structure form at lower tf.
FA
P/E : 18.09
DY : 2.0
QR : 6.2M (down but still +ve)
AR : 6.2M (down but still +ve)
DNEX TO FLYDnex have been sideway for quite sometimes, at first im not sure if this stock gonna fly or not. But watching today buying volume. I would say tomorrow high probably will go to 0.290. Cutloss area is 0.230 for this stock.
DNEX - Is It Time?Strong support @ RM0.230/RM0.235. Tested Resistance @ RM0.255. Where is it heading this week?
bullish flagprice already in an uptrend then a bullish flag formation break the resistance now becoming the support. looks like going towards the next resistance line. a nice risk to reward ratio.
DNEX : TRADING BURSA IS SIMPLE... Re-entry Trading PlanThe market will always give us a chance to entry.. why they do this? need to ask Wyckoffian trader..;)
We can ride one counter until it exhausted or reach the distribution zone.
How to re-entry?
1. Price retest our MA's
2. Low volume..(prefer ultra-low volume)
How to determine the take profit zone? There are multiple ways..
1. Previous Resistance
2. Fibo Extension
3. Point and Figure chart (wyckoffian technique)
4. Exit indicator
5. etc...
How to exit when loss?
Use the trading plan
DNEX - Swing Buy Opportunity- Indicator crossed i.e. MACD, STOC, MA.
-Keep STOP LOSS tight and continue to monitor the stock every 4 hours.
-Constant buying observed from DOM.
- Good FA.
DNEX: Ascending triangle & momentum to the upside?DNEX is currently trading above 50 EMA. 40 day Momentum bias still on the upside. With volume, potentially to break ascending triangle line @ 0.195, and move higher to challenge next resistant line @ 0.240.
Breakout on crossing the long term resistanceHi, i'm just a beginner in the stock market, but i want to share what i think as a beginner...
For me, i can see that DNEX will maybe cross the long term resistance in which there is a triangle formation closing up near the resistance trend line.
The triangle may indicate slow buying momentum untill it eventually breaks the trend to form a new uptrend.
However, i think if it cross with high volume only than it can be confirmed.
Thank you for reading my idea, please correct me if i'm wrong..
With pleasure,
izwanaizil (izwanaizil.com)
DNEX - 4456 - MAJOR DOWNTREND WITH TRIANGLE PATTERN FORMING TRIANGLE PATTERN AND NEED TO BREAK THE TRIANGLE PATTERN AND MAJOR DOWNTREND BEFORE HEADING NORTH
DNEX LONG(MAJOR TREND STILL BEARISH)IF POSSIBLE, WAIT FOR RETRACEMENT , CROSS TL AND MA(FOR MORE CONFIRMATION)
Retesting lower high, momentum kicking in for DNEXA good entry would be near the support, around 26c region. The company IT Segment is doing pretty well and only the oil and gas division is under-performing. Might be a better quarter ahead when global oil prices improves.
Dagang Nexchange - Successful Pullback?Strength in the chart:
1. Up-Thrust volume getting lower
2. Line Change after spring bars
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
arah tuju dnexboleh tunggu kat 19/20sen. tengok jela. kaunter tgh downtrend. jangan dengar cakap2 fundamental. haha
DNEX : Bearish Cypher In progress ??Dnex have been moving sideway since April..
Seems forming Bearish Cypher pattern and going to retest 0.44 ??
DNEX - Bouncing Dead Cat?Laburlah's Daily Complimentary (19-MAR, Monday):
DNEX
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Reversing
3. MA20 & 50: Sloping downward
4. Resistance: 0.445
5. Support: 0.40
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
