DAARCOMM LONG IDEA DAARCOMM stock, after breaking out of a trendline and retesting a support level, a bullish engulfing candlestick was formed. This is an indication that price is ready to go higher.
To take advantage of this long opportunity, you can buy at the current market price. The stop can be at N0.78 (-19.59%) while the target can be at N1.29 (32.99%).
Confluences for the long idea:
1. Trendline breakout
2. Support level
3. Bullish engulfing candlestick
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
