Upside Prevails
Our Pivot: 97.60
Our Preference: Buy DGKC above 102.10 and average it out till 100.30 with strict stop loss of 97.60 and profit target at 109.70 with extension towards 112.10
Alternate Scenario: Downward penetration of 97.60 will call for 95.65 and 94.60.
NOTE: DGKC is trying to bounce back after completing its 74.6% correction on daily chart and it's being supported by a strong horizontal supportive region along with a supportive trend line. Daily and Hourly momentum indicators have generated bullish crossovers and they would try to lead it towards 109.70 at least.
Daily Chart with Supports and Resistances:
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