DFM Is Flying High

17 thg 8, 2020

After the breakout DFM is closing higher everyday its on a bull ride my next immediate target is 2250. I see a strong resistance at around 200ema that comes exactly at 2250 level. It will be very crucial and important that it crosses it to continue its bull ride. Very important point here, it cannot cross the 200ema in 1 go even if it crosses it will come down and hold there or it will accumulate and finally break the 200ema. Any major resistance or support cannot be broken in first attempt there has to be price action before it breaks through.

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