Under Pressure
Our Pivot: 116.30
Our Preference: Start short selling DGKC below 111.77 and average it out till 114.30 with strict stop loss of 116.30 and profit target at 107.75 with extension towards 104.30.
Alternate Scenario: Upward penetration of 116.30 will call for 118.50 and 119.70.
NOTE: DGKC is moving in a descending price channel and right it's moving downward after facing rejection from resistant trend line of said channel.
Chart with supports & resistances:
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