Dewan Farooque Motors (DFML):
DFML has recently broken out of a bullish penant formation on the daily. Current price seems to be a good buying area at around 8.35 and if it dips further then 7.60 is the second area to look for buys. Keep a strict Stop loss of 6.70 for an upside target of 10.10 initially.
Hum Network Limited (HUMNL):
HUMNL tested the resistance 9.30 and since then it has been under profit-taking. The price can find support around 8.30 and 8.05. This is where decent buying can be seen. On upside it needs to surpass 10 in order to open up extended targets towards 11.7 followed by 13.
ETH "Sell on Strength" Extremely overheated indicators on all three major higher time frames initiated aggressive profit taking which soon converted into aggressive selling pressure.
Monthly Time- Frame Previous monthly closing came as Advance Bearish Deliberation Block Pattern which is not formulating into Evening Star Pattern. Daily Time Frame: On daily Ethereum has breached major support of 2100. Moreover it has closed a session below EMA 200 for the first time since April 2020. Now any daily closing below 1700 would open aggressive downside targets towards 1500, 1285 followed by 900.