DGKC | Is This Cup & Handle Pattern?

4월 3일

Here we have a classic pattern and price dynamics. A major high leads to a low and then a recovery wave. The recovery wave peaks before reaching the previous high and this reveals that a new drop is approaching.

Trading volume is low on the current rise and the latter part of it goes into a parabola. A parabola can only end in a retrace.

DGKC is now set to produce a correction, this correction is set to develop in the short- to mid-term.

RSI indicator if at over bought level while MACD is line is above the signal line, and can show a cross over which establish some negative stance on the price.

Fibonacci levels for the support are PkR123 (0.382 level) and PkR119 (0.5 level) from where a pull back can be expected

On the flip side, if the price gives a break out and closed above PkR137 level then only new bullish wave is expected.

4월 9일

노트

Update on DGKC
Both the entry levels are achieved and currently price is at 129 almost above 8.40%. Notable resistance lies around 137 from where short term profit taking can be seen.

4월 10일

노트

DGKC 135 🚀🚀

5월 6일

액티브 트레이드

DGKC break neck line resistance, next resistance lies around 142