$DBX is currently morphing out a Bullish Flag pattern, after initiating a breakout of its $25 year long price resistance. The total cumulative gain attained for this 5 days flag formation stance at +14.33%, with $DBX currently trading at its 52 weeks high at $28.07. With implied volatility of $DBX having picked up since December 2020, and currently trading at...
DBX refused to go higher up to $25.70. We are going lower, but it will be a good opportunity to open LONG positions. The market is still BULLISH. ENTRY LEVELS LONG: $23.61 $22.74 $21.79
DBX close to breaking out this yearly down trend resistance line (yellow). With ER approaching I can see a push to 30 this week if we some significant volume on the breakout. Small c&h to complete the right shoulder for inverse H&S pattern screams bullish to me. Key Levels: Support: 23.79, 21.67, 20.68 Resistance: 25.16, 26.37, 27.39, 28.77 Options to...