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Dlocal (DLO) Inside Day Sets up Breakout Continuation Move

Dlocal (DLO) Inside Day Sets up Breakout Continuation Move

by | Aug 8, 2022 | Chart SetUps

Dlocal (DLO) shares clearing a 3-month range and coiled squeeze pattern as Monday saw a pausing inside day candle. A trigger buy signal above 32 can set up next breakout higher to 35 with a potential long term target up at 44 which is the yearly value low and a gap fill zone from last year. 10% short float also in the same can be fuel.