DIXON TECHNOLOGY channel break for next big move

Panjang

DIXON TECHNOLOGIES (NSE:DIXON)

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NSE:DIXON DIXON TECHNOLOGIES

trendanalysis headandshoulders parallelchannel midterm longterm channel-break bigvolume chartpattren breakout

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.

Komen:

Weak movement that could push the price toward 4590-4600 level in coming weeks.

Penafian

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