6 April 2017, Thursday, 8.26am Singapore Time
(Click on the Technical Chart above to enlarge)
Attached is the technicals and volume flow of DNEX, a stock that is listed in the Malaysia KLSE. The Green Boxed Regions are Donovan Norfolk forewarnings in 1H-2016 and 2H-2016 to scoop up stocks as much as possible because most people are full of gloom and doom and hot monies were flooding into stocks and equity markets all over the world. These included blue chips, big caps, mid caps, small caps and penny stocks. In particular, as forewarned in 2016, penny stocks will give at least +100% to a mean of at least +500% in profits. I had warned in 2016 that the top volumes will suddenly no longer be pump-dump volumes, but instead they will switch to become re-accumulation volumes. The hot volumes came in right after my warnings. It was also forewarned that those in the top volumes will be the ones to look out for. DNEX is one such stock. It has healthy volumes. 2017 remains strongly a buy-on-dip for the stocks and equities asset class.
LONG TERM:
LARGE CORRECTION ENDED
MID TERM:
UPTREND
SHORT TERM:
UPTREND
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