Its been a while the last time I checked on DFNN and decided to just leave this one until today when I saw a price move. There was a breakout from triangle but one ingredient is missing. VOLUME. Yes volume is still very thin but who knows some traders might pick this therefore creating a [...]
Is this the moment DFNN holders been waiting for? Aside from the news about raising capital (http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=829851), we can see a bullish pattern at the bottom of the downtrend. If this Bullish Engulfing pattern WILL BE CONFIRMED on Monday then we might see a good rally for the rest of the week.
This is our first revisit of the chart formation of DFNN. Last June 8 we tried to put DFNN on our watchlist as it is trying to form a classic Elliot Wave. We do not see any price movement yesterday after a downtrend since July 18. Today we see a green candle. Are we seeing [...]
DFNN – DFNN, INC. This is for future play at least we will try to watch at what point we can get some gains for this. I will try to implement the Elliot Wave by starting at June 6. The first wave finishes June 18 when we had a hanging man (not by the book [...]
A medium reliability bearish reversal pattern for DFNN can be seen on today’s chart. This bearish engulfing pattern may be a signal for us to stay away first. We have seen a 3-day uptrend of DFNN and might be time for correction. A confirmation tomorrow is required to be sure that the uptrend has reversed. [...]
DFNN (DFNN, INC.) This stock has already broken out from the flag formation last week. Today it continue to move up. Will there be another rally tomorrow? Volume is not so impressive. Maybe the jockey is still busy pumping up Calata price? Supports at 6.69 and and 6.53 while resistance at 6.98 and 7.11
I have been holding DFNN for quite sometime now so I am a bit bias but at least the technical analysis will say for itself. Basing on the graph I could tell that last Thursday there was a formation and it was confirmed on Friday where the price gaps up at the opening. Its very [...]