Samuel12_1980

$DQ - Recovery Potential In Sight

NYSE:DQ   DAQO New Energy Corp.
leading manufacturer of high-purity polysilicon for the global solar PV industry.
Founded in 2008, the Company is one of the world’s lowest-cost producers of high-purity polysilicon.
Daqo’s highly efficient and technically advanced manufacturing facility in Xinjiang, China currently has a nameplate annual polysilicon production capacity of 70,000 metric tons.

Recently selloff occurred due to the announcement in Jun. 23:
The U.S. to block some solar products from China's Xinjiang region - Bloomberg

Was it just background noise?

Technically, Potential long entry via breaking and stabilizing above 60.5$

I do not recommend buying or sell DQ Stocks.


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