Dubai Islamic Bank PJSC
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DFM : DIB - Trade Plan - Good Bounce at Fibonacci Retracement

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Good Day, Traders!

The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further enforces this idea. The trade maybe taken now if not taken earlier. Below is a trade plan:

Trade Plan:
Buy: 7.00
Stop Loss: 6.42
Take Profits: 7.68 & 7.92

Happy Trading!
Trade aktif
Good Day Traders,

I hope you all booked your profits. Cheers!

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