Dagang Exchange (DNEX) Bursa Malaysia
Updated
Hey there. This stock has been on my radar since 2 weeks ago.
On the weekly chart, we might have a nice bullish engulfing closing for the day.
On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return.
Bear in mind, that the structure of the market will create a reversal before it continues to go up.
Good Luck!
On the weekly chart, we might have a nice bullish engulfing closing for the day.
On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return.
Bear in mind, that the structure of the market will create a reversal before it continues to go up.
Good Luck!
Note
Update 18/7/2021:It may reverse at the 0.700 area before continue to go up. So you can look for your possible entry in that area which includes the CS reversal, volumes, and a change of pattern.
Trade active
Took my profit at 0.830. I believe the price is going back to 0.760/0.750 level to fill the order before rally to our target area. Good luck!
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