$DXN timne to rise and shine?? I think so! DOM gradient nearby$DXN hs BEEN THE SH1TCOIN OF SH1TCOINS
UNPROFITABLE DATA CENTRES
BUT 1 RAY OF LIGHT - SERVICING THE MINING INDIUSTRY WITH MOBILE DATA....
NOw chart-wise, it loks like it may be ready to go... tapping the gradient. Also a nice burst of volume. Watch closely . Also like $CRO $IBX and #9SP
DXN trade ideas
Data Centres, WFH, ASX:DXNWith a number of large tech firms leading the way with permanent WFH arrangements for staff, i'm expecting many companies will be downsizing and lose the realestate required to house their own data and servers. I'm long on Data Centres.
ASX:DXN is still early in the game with huge long term growth potential
In the immediate term i'm entering a trade based on:
established upward trend (higher highs and higher lows since end of May)
MACD divergence and imminent crossover
massively increased volume
RSI support
Entered: 0.025
Target 1: 0.033
Target 2: 0.042
Target 3: 0.052
