Sure , I’ll try and keep in simple terms.
What I’m seeing is a stock that has back tested beautifully since the breakout at 6 cents. From the then high of 23 cents is retraced perfectly back to the 62 Fib zone and has retested every move higher since. What this indicates is that demand is strong and higher highs and higher lows has followed.
The SP is behaving beautifully within bollies , it respects the 8ema on the ups and the downs making momentum easy to identify and MACD is very positive.
Of course this can all change from week to week but at the moment I’d be very positive. IMO
Cheers.
DXB Chart, page-678
- There are more pages in this discussion • 295 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
64.5¢ |
Change
0.065(11.2%) |
Mkt cap ! $354.5M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 65.0¢ | 58.0¢ | $3.696M | 5.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 109360 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
64.5¢ |
Change
0.065 ( 12.4 %) |
||||
| Open | High | Low | Volume | ||
| 59.0¢ | 65.5¢ | 58.5¢ | 3782284 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| DXB (ASX) Chart |