Dubai Taxi Company (DTC) - Possible Bullish Breakout
Dubai Taxi Company (DTC) - Possible Bullish Breakout Setup 🚀
📈 Chart Pattern:
Symmetrical Triangle + Flag Formation
📢 Revenue Estimate:626M vs 507M** (🔥 +23% QoQ Growth)
Strong earnings growth supports the bullish breakout scenario.
RSI Divergence: bullish RSI divergence supporting an upside breakout.
Flag Pattern: A bullish flag suggests a continuation toward new highs.
Trade Setup:
🟢 **Entry:** **$2.73 - $2.75** (On breakout with volume confirmation)
🎯 **Take Profit:** **$3.15** (measured move target)
❌ A **break below $2.65** invalidates the setup.
*"Markets are never wrong, only opinions are."* – Jesse Livermore
⚠️ **Disclaimer:**
This is **not financial advice.** Always conduct your own research and manage risk accordingly. Trade at your own discretion.
📈 Chart Pattern:
Symmetrical Triangle + Flag Formation
📢 Revenue Estimate:626M vs 507M** (🔥 +23% QoQ Growth)
Strong earnings growth supports the bullish breakout scenario.
RSI Divergence: bullish RSI divergence supporting an upside breakout.
Flag Pattern: A bullish flag suggests a continuation toward new highs.
Trade Setup:
🟢 **Entry:** **$2.73 - $2.75** (On breakout with volume confirmation)
🎯 **Take Profit:** **$3.15** (measured move target)
❌ A **break below $2.65** invalidates the setup.
*"Markets are never wrong, only opinions are."* – Jesse Livermore
⚠️ **Disclaimer:**
This is **not financial advice.** Always conduct your own research and manage risk accordingly. Trade at your own discretion.
Disclaimer
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.
Disclaimer
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.