DNEX - Moving Higher?

 

DNEX Weekly Chart

DNEX Daily Chart

On Apr 05, 2024, I wrote DNEX decline phase could be over after it formed a MACD bullish divergence. See link below.

https://swingtrader188.blogspot.com/2024/04/dnex-potential-bottom.html

Last week DNEX ended the week with a long bullish green candle on heavy trading volume! Looks like demand is coming and DNEX could be moving higher? Next resistances are at 0.46 and 0.535.

Disclaimer: 

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.