Dixon Technology Breakout on the Daily Chart!

21 de jun. de 2021

Dixon Technology has given a clear breakout from a bookish ascending triangle on the daily chart. It is important to notice how beautifully the stock has retested the supply zone or resistance multiple times and then given a clear breakout. When a stock tests a zone or level multiple times, the zone becomes weak and hence it is highly probable that it may give a breakout. Also, it is easy to note that the sellers became weak as the price was approaching the resistance. Will Dixon touch 20,000 levels , once again this year? Let me know by leaving your comments below.

4 de jul. de 2021

Trade ativo

After a successful breakout on the daily chart Dixon gave a pullback and now moving up again. Those who could not enter at the breakout , should have entered at the pullback.

15 de jul. de 2021

Trade ativo

The stock is moving up , slowly and steadily!