DEAPCAP stock, after breaking out of a trendline and retesting the trendline and support level, it formed a bullish engulfing candlestick, confirming that it's ready to continue the rally.
To advantage of this long signal, you can buy at the current market price. The stop can be at N1.10 (-19.12%) while the targets are N1.60 (17.65%), N1.94 (42.65%) and 2.36 (73.53%).
Confluences for the long idea:
1. Breakout and retest of a trendline
2. Bullish engulfing candlestick confirmation
3. Support level
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
To advantage of this long signal, you can buy at the current market price. The stop can be at N1.10 (-19.12%) while the targets are N1.60 (17.65%), N1.94 (42.65%) and 2.36 (73.53%).
Confluences for the long idea:
1. Breakout and retest of a trendline
2. Bullish engulfing candlestick confirmation
3. Support level
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.