Chartoholic

DFM is holding up well above moving averages

Long
DFM:DFM   DUBAI FINANCIAL
DFM despite being a choppy stock recently, the stock is holding up well above 50 and 200 SMA and a golden cross is about to happen, it also about to break out above a downtrend which is holding the stock since august 2022. Long now with stop loss daily close below 1.45 AED or to be on the safe side long the break out of 1.55 AED level with the same stop. Anticipated price is shown on the chart.

This is only my own view and not a financial advice, do your own analysis before buying or selling, Happy Trading!

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