dolmah

Data Centres, WFH, ASX:DXN

Long
dolmah Updated   
ASX:DXN   DXN LIMITED
With a number of large tech firms leading the way with permanent WFH arrangements for staff, i'm expecting many companies will be downsizing and lose the realestate required to house their own data and servers. I'm long on Data Centres.

DXN is still early in the game with huge long term growth potential

In the immediate term i'm entering a trade based on:
  • established upward trend (higher highs and higher lows since end of May)
    MACD divergence and imminent crossover
    massively increased volume
    RSI support

Entered: 0.025

Target 1: 0.033
Target 2: 0.042
Target 3: 0.052

Trade active:
Entered: 0.025
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