Special Analysis on DQ - it is about time!
Some time ago, a good friend tol me about buying DQ. That's when I started tracking for this friend's benefit, and offering my own perspective. Real as it was, previous calls were pretty on the spot and DQ dropped significantly since I started looking at it on occasion.
I am looking at it again now... and I see nice things for a bullish run to commence soon.
1. A double bottom formed
2. on the back of Bullish Divergences of both MACD adn VolDiv indicators. (See green arrows below)
3. XLE and friends like BTU (just posted) and ENPH are showing their own bottoming out.
4. Projected to about 29ish and then possibly to above 40 in the longer run. For this, we need the bottoming pattern to complete and start a proper bull rally, which is then likely to be clearer to double-triple the current price of today.
Time to really look and maybe accumulate if you ask me.
I am looking at it again now... and I see nice things for a bullish run to commence soon.
1. A double bottom formed
2. on the back of Bullish Divergences of both MACD adn VolDiv indicators. (See green arrows below)
3. XLE and friends like BTU (just posted) and ENPH are showing their own bottoming out.
4. Projected to about 29ish and then possibly to above 40 in the longer run. For this, we need the bottoming pattern to complete and start a proper bull rally, which is then likely to be clearer to double-triple the current price of today.
Time to really look and maybe accumulate if you ask me.
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