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Daqo Energy (DQ) Building High Tight Flag After Dip to Support

Daqo Energy (DQ) Building High Tight Flag After Dip to Support

by | Aug 9, 2022 | Chart SetUps

Daqo Energy (DQ) shares coiling inside of monthly value area and getting a bullish MACD cross today looking to pop out of this wedge forming near the 21 EMA. A breakout above 67 monthly VPOC likely sees a swift move to 72 with potentially seeing a retest of the recent highs at 77 on follow through above monthly value.