DPL on My ViewClear trend breakout, Moving on uptrend, reflected to the drawn channel, slowly moving upward to the shaded resistance level
DPL.N0000 trade ideas
DPL.N - DANKOTUWA PORCELAIN PLCDisclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in any stock exchanges, Indices, Stocks, Forex, Crypto etc.
CSELK:DPL.N0000
DPL Weekly
On the weekly chart, we can still see that the share price is intact with the MA 30, which means it is still in stage 2.
Currently, it is taking the support on the zones 25 to 26 range.
Additionally, it has created a descending trend line with the previous week's candle now will act as resistance.
DPL Daily
On the daily chart, it is noticeable that MA 50 is curving upwards towards the MA 200. If this can create a golden cross it will be hugely effective for the share price movement.
DPLanother broken down descending triangle. and overhanging 200dma. GP levels might come hand to make an swing trade.
