PhamNgocTu-Forex

DXG technical analysis of Vietnam stock

Long
HOSE:DXG   DAT XANH GROUP JOINT STOCK COMPANY
According to the principle of Elliott wave, DXG has finished creating wave (III) and is in the process of creating wave 4. Currently, DXG price is at 27k close to the very strong support line of wave (I) this is a very good buying price area. In the chart D1 appeared bullish confirmation candle. According to the assumption that this will be the point (A) in the Elliott wave, the target DXG will reach the expected price of 36k, overcome the 36k level, and will move to the next resistance level of 40k to create a point (B) before there is a downtrend. make a point (C) before the next increment.
Conclusion: Buy DXG in the area of 26k-28k

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