DQ has finally breakout from its bear trend Next step is we need confirmation that its a bullish breakout , it should retest the descending channel resistance outer line which should now become the support Once the retesting is confirmed entry can be made around 27/28 area Entry @ 28 SL 20 TP @ 36
Hello ladies and gentleman,according my analysis To DAQO New Energy corp STOCK.there is agreat probability long to 29usd .
Previously, I said this would be a slow bleed to death… it is bleeding critically now. 32 support was eventually broken and every shred of bullishness GONE. Technicals are clearly bearish, and it’s NOT OVER. Expecting a bounce about 25 in the coming weeks (within Oct). Last stop to consolidate else it can pretty much halve from there, worst case. This was...
Quick update for a good friend… DQ as said previously had a downside target of 32. It’s slowly getting there, and surely too. But at this point, which the technicals are showing some beginning of a bullish divergence, I’d dare say that there is one more spike down below the orange line before it ends. Still possible for 32… And then if and when that happens,...
6 months ago, 32.20 was the critical support called. A slow bleed over the last 6 months saw little upside move and a slow bleed downwards. The technical indicators are admittedly not as bearish as I thought it might be. DQ is seen to head further down, visiting as deep as 32, but not likely crashing further, particularly where the MACD is building a bullish...
A bit ago, a good friend asked me about DQ. I was not familiar with this (new) energy company, but was just looking at pure technicals. Had a heads up that if a support level was broken, there would be further downside. Needless to point out. It happened, worse that I had expected. Now that December is over, looking at the monthly chart bodes very badly for DQ....
DAQO New Energy Corp. ( NYSE:DQ ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $4.296B Current Price: $58.44 Breakout price: $59.80 Buy Zone (Top/Bottom Range): $55.00-$35.85 Price Target: $79.60-$82.60 (1st), $129.00-$132.80 (2nd) Estimated Duration to Target: 210-218d (1st), 452-476d (2nd) Contract of Interest: $DQ 1/20/23 75c, $DQ...
s.e.48.26 s.l. 34.56 t.p 124.92 The graph show an evident bearish trend, however the MACD and SMAs evince an imminent trend inversion. The volume confirms that the forecast could be correct because it is diminishing in the time. The alligator shows that the down trend is heavy, consequentially we need to wait to make the entrance at 48.26. no financial advice
just some thoughts on DQ, hopeful the RSI pulling into the over sold zone will bring a bit of a pull back, but if price continues holding support along the ascending trend line, i see potential for a new high.
Month over month growth vs. year over year growth. It's that simple. For those of you who watch CNBC, Fox Business, or any other mainstream org turn it off and tune in to reality. I can't formulate YoY% nor normalized charts here on trading view (go figure..) but I can do my best to show you all that this is quite the time to be alive as either/both a speculator...
SHORT. Head and shoulders - bearish adx macd rsi. first resistance @200MA second target full HS pattern at @25
Yesterday's earnings report is a huge difference from the past 2 quarters and the last time this company had an earnings report like that, it was trading in the $30 price range. For this pattern though, the target price is $15.45. thepatternsite.com