Possibly Dnex will run thru quite some times of sideway consolidation before rocket up.
Let's see how it goes!
Let's see how it goes!
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After a series of sideway (MAs consolidating), now comes that DNEX starts a new uptrend breaking above the downtrend line resistance.Profit Chip of PLF indicator exceed 50% (52.27%), this shows its more favourable to continue a bullish trend.
Next resistance point @0.935, see you there!
Date: 09-01-2011
#dnex #4456 #bursasaham #ftseklci #klci
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern
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Price successfully break above down trend consolidation. More upside to be expected (No resistance on top).Short term correction maybe on the way. Divergence forming on PLF & BEE indicators.
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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.