D-Link has formed a textbook Symmetrical pattern that has worked out so far
Although it is a bullish pattern one should wait for breakout confirmation to enter.
Those who want to minimize the risk should wait for retest and may enter after confirmation.
The breakout must also be validated by the volumes or else it'd be just another Fakeout.
According to Fibonacci Extensions after breakout 168.70 is immediate resistance might consolidate there for a while
On the downside 144.15 / 136.60 / 129 / 119.65 are support levels
Company also has decent fundamentals
It's long call so one can keep stop loss according to their risk appetite.
Nota
Gave breakdown, now wait for the next support and enter at the right timeDagangan aktif
The trade is active again, It has reached it's breakout levelIf planning to enter then enter above 153 as a safe bet with targets of 208 intact
Closing above 153 would be a good confirmation of a breakout.
Those who wanna play safe wait and enter after breakout confirmation and put a trailing stop loss accordingly.
Dagangan ditutup: sasaran tercapai
Performed really well targets reached beyond expectations although forgot to update the ideaPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.