It's better to wait for technology index to drop @ 38 +/- ONLY consider to buy your Malaysia Favourite stoks e.g : Inari, DNEX etc..
DNEX is forming a running flat ABC ( Red Circled) where it will find its major support @ 0.20 +/-.
DNEX probably completed its zigzag correction ABC ( Red Circled).
DNEX a Piotroski F-Sore 8 out of 10 ( fundamentally “good” ) company. Possible forming a running flat pattern ABC ( yellow) where price possible resuming its uptrend ONLY @ around RM0.55 - RM0.56..
look like we have to wait for a confirmation,not good time to invest because it look risky for now. Disclaimers:- I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION. Sorry my english bad,at least im trying pfftt!
Short term analysis: Dnex breaks above trendline again after 4-days of pullback from 11-Jan. Today indicator Banker Chip Pro (MI04) appears Banker Pump (purple bar) indicates possible of continuous bullish trend, but beware of overbought reversal. It will be a plus sign if indicator Long Short Momentum (MI06) keep in Green bar showing still under bullish...
Price currently on a pullback with low volume and resting at MA20. Company FA is good. Target Price by investment bank at 1.60 Wave count at W4 going for W5. TP1 at W3 resistance (HH)
Possibly Dnex will run thru quite some times of sideway consolidation before rocket up. Let's see how it goes!
It is still in zigzag, target DNEX to achieve 61.8% from X to Y wave. Currently at smaller time frame of B, before going down to complete wave c, later up to the target area.
Many gurus & group have already done their analysis on the future prospects of the company so let's talk about the technical part of the share movement of the company for the past 8 months. From 0.20 to highest 1.05 in just 2 months with return of approx 450% during early of the year 2021, I believe many investors and traders have benefited from the drastic share...
After frustrating correction movement, now here we go. Wave E of Triangle is completed. Next week would be a game changer for DNEX. Good luck.
Week graph analysis for the long-term player. Don't get trap, Good luck my fellow friend
DNEX on long TF has breakout from symmetrical triangle. RSI is at 80 currently showing it is coming to an overbought. A short break or accumulation at 0.805 range would be nice for RBS before moving up again. Current price also is a upper BB showing some might take profit & wait for a pullback at mid BB or RBS. Overall Dnex is still looking good for a long term. #TAYOR
Wave D in the making and expected to complete around 85sen.
Since last year we've seen tech rallies for many tech counters such as UWC, Greatech, Inari, MI, Penta and etc and most of it have achieved more than 100% of ROI if you bought it in early of 2020. The share price have been soared to so high to reflect the current earnings and attractive future prospects in semiconductor industry. If you are still looking for...
(4456) DNEX - Ended 2 months of price retracement - Price action sustaining above its mid term trend formation. - Recent breakout of its midpoint price to trigger price action movement. - Manage loss management inside its retracement zone - Strict stop loss management at its stop loss noted price.
DNEX seem ranging above around RM0.65 , price maybe forming a triangle in wave B (Cyan/ Light Blue).. Before taking off to around RM1.630 where possible 1) AB =BC pattern AND 2)next major supply zone..
Hey there. This stock has been on my radar since 2 weeks ago. On the weekly chart, we might have a nice bullish engulfing closing for the day. On the Daily, there is a nice rally which indicates that the "big player" is ready. I have entered my position at 0.745 today, and I am looking at 3 to 4 weeks of holding this stock with a good 20% return. Bear in mind,...