Possibly Dnex will run thru quite some times of sideway consolidation before rocket up.
Let's see how it goes!
Let's see how it goes!
Trade active:
After a series of sideway (MAs consolidating), now comes that DNEX starts a new uptrend breaking above the downtrend line resistance.
Profit Chip of PLF indicator exceed 50% (52.27%), this shows its more favourable to continue a bullish trend.
Next resistance point @0.935, see you there!
Date: 09-01-2011
#dnex #4456 #bursasaham #ftseklci #klci
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern
Profit Chip of PLF indicator exceed 50% (52.27%), this shows its more favourable to continue a bullish trend.
Next resistance point @0.935, see you there!
Date: 09-01-2011
#dnex #4456 #bursasaham #ftseklci #klci
#technicalanalysis #technicalindicator #technicalchart #mcdx #bbd #trendline #chartpattern
Trade active:
Price successfully break above down trend consolidation. More upside to be expected (No resistance on top).
Short term correction maybe on the way. Divergence forming on PLF & BEE indicators.
Short term correction maybe on the way. Divergence forming on PLF & BEE indicators.