May. 12 at 12:55 AM
$DXF – Low Float China Play Coiled for Breakout
Super low float sitting right at the apex of a falling wedge. MACD just flipped bullish and volume’s starting to rotate. If it clears
$7.50 with strength, this could move fast — especially if HK names heat up.
• Float: Under 2M
• Pattern: Falling wedge tightening under
$7.50
• MACD: Bullish crossover just triggered
• RSI: Neutral with room to run
• Best Entry Zone:
$7.00–
$7.20
• Breakout Level:
$7.50
• Price Targets:
$8.37 >
$9.07 >
$10.50+
• Support:
$7.05 >
$6.60
• Risk: Stop under
$6.75
Catalyst:
Sector sympathy — if
$DUO,
$CPOP, or
$GDC get moving,
$DXF can follow with force.
Risks to Note:
• No fresh news — this is technical + sector-based
• Relies on momentum from HK names
• Low volume = can chop or fade fast
• Past reverse splits (be cautious chasing high)
