Technical analysis for DUFU Stock based on Trend Analysis, Chart Pattern and VPA
1) In Monthly TF
- Overall trend still maintaining the long term UTL with price candle stay above MA 200 line.
- Current monthly trend had retracement and rebound at Fibonacci 0.382 area considered neutral retracement in a healthy trend.
- Latest OCT 21 monthly candle shows a solid...
DUFU is forming a pretty nice descending triangle patterns recently. Consistently supported by the 3.650 area. Almost always rebounded sharply once it touches that region. Will a same break out happen again? Lets see
EP: 3.650 - 3.660