Breakout on crossing the long term resistance
Hi, i'm just a beginner in the stock market, but i want to share what i think as a beginner...
For me, i can see that DNEX will maybe cross the long term resistance in which there is a triangle formation closing up near the resistance trend line.
The triangle may indicate slow buying momentum untill it eventually breaks the trend to form a new uptrend.
However, i think if it cross with high volume only than it can be confirmed.
Thank you for reading my idea, please correct me if i'm wrong..
With pleasure,
izwanaizil (izwanaizil.com)
For me, i can see that DNEX will maybe cross the long term resistance in which there is a triangle formation closing up near the resistance trend line.
The triangle may indicate slow buying momentum untill it eventually breaks the trend to form a new uptrend.
However, i think if it cross with high volume only than it can be confirmed.
Thank you for reading my idea, please correct me if i'm wrong..
With pleasure,
izwanaizil (izwanaizil.com)
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