DNEX - Pullback Setup?
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| DNEX Weekly Chart |
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| DNEX Daily Chart |
On Apr 13, 2024, I wrote DNEX looked likely to move higher after a breakout. See link below.
Daily chart shows DNEX succumbed to profit taking as it declined to its previous broken resistance, which now is expected to act as support. The support appears to be holding since price appears to be bouncing off it forming a potential pullback buy setup.
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.
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