DFI Retail Group's Share Price May Head Higher, Chart Shows -- Market Talk

Dow Jones

2025/03/19

0143 GMT - DFI Retail Group's share price may head higher, based on technical chart, Phillip Securities Research's Zane Aw says in a research report. The share price, which has been trading within a downtrend channel since December, has rebounded recently, the analyst notes. Also, the share price has consolidated within a bull flag pattern and is holding above 5-day simple moving average with 5-day SMA above 10-day and 20-day SMAs, the analyst says. These offer potential bullish reversal signals, says the analyst who expects the share price to rise further to US$2.41 should it break out of the downtrend channel. Shares are 1.3% higher at US$2.30. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 18, 2025 21:43 ET (01:43 GMT)

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The share price, which has been trading within a downtrend channel since December, has rebounded recently, the analyst notes. Also, the share price has consolidated within a bull flag pattern and is holding above 5-day simple moving average with 5-day SMA above 10-day and 20-day SMAs, the analyst says. These offer potential bullish reversal signals, says the analyst who expects the share price to rise further to US$2.41 should it break out of the downtrend channel. Shares are 1.3% higher at US$2.30. 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The share price, which has been trading within a downtrend channel since December, has rebounded recently, the analyst notes. Also, the share price has consolidated within a bull flag pattern and is holding above 5-day simple moving average with 5-day SMA above 10-day and 20-day SMAs, the analyst says. These offer potential bullish reversal signals, says the analyst who expects the share price to rise further to US$2.41 should it break out of the downtrend channel. Shares are 1.3% higher at US$2.30. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 18, 2025 21:43 ET (01:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0008368411.USD","symbol_name":"FSSA ASIAN GROWTH \"I\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520962225","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520962225","pubTimestamp":1742348580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0143 GMT - DFI Retail Group's share price may head higher, based on technical chart, Phillip Securities Research's Zane Aw says in a research report. The share price, which has been trading within a downtrend channel since December, has rebounded recently, the analyst notes. Also, the share price has consolidated within a bull flag pattern and is holding above 5-day simple moving average with 5-day SMA above 10-day and 20-day SMAs, the analyst says. These offer potential bullish reversal signals, says the analyst who expects the share price to rise further to US$2.41 should it break out of the downtrend channel. Shares are 1.3% higher at US$2.30. 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The share price, which has been trading within a downtrend channel since December, has rebounded recently, the analyst notes. Also, the share price has consolidated within a bull flag pattern and is holding above 5-day simple moving average with 5-day SMA above 10-day and 20-day SMAs, the analyst says. These offer potential bullish reversal signals, says the analyst who expects the share price to rise further to US$2.41 should it break out of the downtrend channel. Shares are 1.3% higher at US$2.30. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 18, 2025 21:43 ET (01:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}