Dice Egypt to be monitored for a new entry - Good opportunity!

26 Mar

Daily chart, the stock DSCW broke the lower trend-line of the rising wedge pattern. So, technically this bearish movement should test the pattern target 2.15

However, there are near relatively strong support cushion at 2.45 - 2.42, then a support level at 2.24

A new entry (buy) can be made after 2 days close above 2.51 with high volume, to target 2.75 to 2.80 (then 3.05)

Stop loss below 2.40 should be considered.

18 May

İşlem kapandı: hedefe ulaştı

As expected.
The trading cycle can be repeated. Good luck :)