kennzo

DQ (Daqo New Energy Corp) - Bullish to end quarter and beyond

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NYSE:DQ   DAQO New Energy Corp.
Daqo New Energy Corp. is engaged in the manufacture and sale of high-quality polysilicon to photovoltaic product manufacturers. The polysilicon is further processed into ingots, wafers, cells and modules for solar power solutions. Daqo New Energy Corp., formerly known as Mega Stand International Limited, is headquartered in Wanzhou, The People's Republic of China.

We see a Bullish end to the quarter pushing into subsequent quarter.

Strong EPS and Sales growth Quarter-on-Quarter
Confirmation on both speeds of MACD and on Heiken Ashi candles

First Target indicated - top can be +$160.

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