My Prediction for DNEX is- wait for confirmation and correction to be completed as fib level in the chart. Tech stock still look ugly these few days..
SNR continuation 1 (SNRC1) - Que buy within the zone area.
Price currently on a pullback with low volume and resting at MA20. Company FA is good. Target Price by investment bank at 1.60 Wave count at W4 going for W5. TP1 at W3 resistance (HH)
Pennant pattern completed. This is how DNEX will climb to recommended CIMB TP RM1.60.
Technology sector.Last 2 quarters shows significant sales and profit consecutively.Price forming low cheat setup and broke the pivot point with high volume
Just showing here the example of reaccumulation type 1 that happens to Dnex
DNeX could be in the running to secure two more long-term agreements (LTAs) which are similar to the multi-year long-term wafer supply agreements - The Edge. I expect a small retracement since its already been up bout 50%.
Seems like dnex going to play along with the market, next year I think there is a big news for dnex (I think)....
Possibly Dnex will run thru quite some times of sideway consolidation before rocket up. Let's see how it goes!
DNEX seems strong to continue movement after making retracement to test its Cup and Handle breaking point. Short term target will try to retest RM1.00 and RM1.05. Break and Sustained above this level will continue uptrend movement.
dnex is about to break up the sideway ,resume uptrend . estimated it can go Rm1.60 within this year.
idea asas dnex masih lagi dalam keadaan sideway masih membuat asas
set your buy limit near at 0.825 .stop loss at 0.820 take profit at above 0.995.
It is still in zigzag, target DNEX to achieve 61.8% from X to Y wave. Currently at smaller time frame of B, before going down to complete wave c, later up to the target area.