Dcal breakout analysis
Updated
Dcal is consolidated between range of 135-145 range, its seems a strong consolidated area.
if it is break & sustain the 145 range then the next target should be 150,155. Also, it is near its 50SMA which is near 140-145 range, my analysis say this is the best price to buy the stock for short term profit. FOR safe side put a stop loss on 130.
if Dcal sustain the 165-170 range then wait for 185,195,200,210 targets.
all the above analyses is done by my own perceptive, if anybody have different analysis or any different views on this can also share.
if it is break & sustain the 145 range then the next target should be 150,155. Also, it is near its 50SMA which is near 140-145 range, my analysis say this is the best price to buy the stock for short term profit. FOR safe side put a stop loss on 130.
if Dcal sustain the 165-170 range then wait for 185,195,200,210 targets.
all the above analyses is done by my own perceptive, if anybody have different analysis or any different views on this can also share.
Trade closed: target reached
160 Target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.