In supplementing mah boy Sajal's bullish fundamental analysis on DHT, I did some TA just to confirm the uptrend. It's looking pretty good based on 2 things here: Fibonacci retracement and Stoch RSI. Fibonacci retracement shows bounce at 32.8% line (or $7.73), you can backtest to see the gain from previous bounces =$$$. Second, the Stoch RSI indicator is about to cross. At this level, Stoch RSI is low at, this is a plus. If u backtest it, every recent time it crossed the price shoot. Overall, STONK my friend.... I COULD BE WRONG
Trade closed: stop reached:
just cut loss..peace out