DIXON seems ready for next big move as on weekly scale it has completed it's wedge pattern and already breakout happened for 40% now second entry comes now as it has now given breakout from channel (better visible on daily time frame).Next, at least 40%, move is quite clear.
Note: Government ban over import of related goods could possible accelerate it.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
Note
Weak movement that could push the price toward 4590-4600 level in coming weeks.Trade closed: target reached
170% move till date without any major downside!!!
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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.