DXNS – bullish chart

About a week ago, I suggested taking a look at DXNS (Dixons). It is up over 13% since then, so I am well happy with that.

It is up 2.2% today against a backdrop where the ASX is down 1.2%. I take its show of strength in a weak market to be a very good sign.

Even better, it has broken channel resistance on high volume – a technical sign that more rises are are to come. Take a look at the chart below to see what I mean.

I topped up this morning, BTW.



About mcturra2000

Computer programmer living in Scotland.
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