Dixon: A Potential Bearish Reversal?
While many are optimistic about Dixon's, a closer look at the daily chart suggests a potential bearish reversal. A bearish pattern is currently forming, indicating a potential downward trend.
Key Levels:
Stop Loss : 14400
Target Levels: 12600,11600
Risk-Reward Ratio: Favorable
Closing Below 14000 is important
Watching.
While many are optimistic about Dixon's, a closer look at the daily chart suggests a potential bearish reversal. A bearish pattern is currently forming, indicating a potential downward trend.
Key Levels:
Stop Loss : 14400
Target Levels: 12600,11600
Risk-Reward Ratio: Favorable
Closing Below 14000 is important
Watching.
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