DFI Retail Group's Share Price May Extend Uptrend, Chart Shows -- Market Talk

Dow Jones11-08

0230 GMT - DFI Retail Group's share price could extend its uptrend, based on a chart, Phillip Securities Research's Zane Aw says in a commentary. The share price has held above a prior horizontal resistance level at $2.32 as support, which gives a bullish trend continuation signal, the technical analyst says. Also, the moving average convergence divergence indicator shows increasing upward momentum and holds above the zero line, backing a bullish trend continuation view. If the share price rises beyond the current resistance at $2.44, it should extend gains toward $2.62, a previous resistance level formed in September 2023, the analyst adds. Shares are unchanged at $2.40. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

November 07, 2024 21:31 ET (02:31 GMT)

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If the share price rises beyond the current resistance at $2.44, it should extend gains toward $2.62, a previous resistance level formed in September 2023, the analyst adds. Shares are unchanged at $2.40. 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The share price has held above a prior horizontal ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BFMHRM44.USD","symbol_name":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481375164","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481375164","pubTimestamp":1731033060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0230 GMT - DFI Retail Group's share price could extend its uptrend, based on a chart, Phillip Securities Research's Zane Aw says in a commentary. 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