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DEN NETWORK – TECHNICAL CHART STUDY

DEN_1

buy DEN NETWORK above 202 sl 165 target 230-265-285

technical chart study

as per chart development we can see that, stock has taken support on trendline, and just able to come near to the resistance level now.

even rsi able to move now, which can show us a signal of “NEGATIVE BULLISH DIVERGENCE”  so once price able to move above mention level and able to sustain then one can go long in this stock.

overall we can see that after some good consolidation stock able to move up now, so if able to give proper breakout then we can see good move in this stock.

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