Love to get @slick thoughts here, as absent any major...

Love to get @slick thoughts here, as absent any major announcement, it's all about the TA.

I'm seeing a pretty poor setup unfolding on the daily, we've crossed the bollie median (albiet on low volume), closing below 8ema, MACD negative.. DXB only reversed a similar situation at the end of Jan (yellow circle) because of the positive market reaction to the quarterly.


Weekly looking far more positive- perhaps we need to zoom out a touch atm, especially if one is not trading this stock.


I'm thinking the next few sessions may be important from a TA perspective IF there are no deals announced- which is of course what many are hanging on for (in the short term). Long-term, its all about the fundamentals and the instant re-rate potential of course.

Only if you get the time slick.

GLA.