Dubai Taxi Company (DTC) – Possible Bullish Breakout Setup
Chart Pattern:
Symmetrical Triangle + Flag Formation
Revenue Estimate:626M vs 507M** ( +23% QoQ Growth)
Strong earnings growth supports the bullish breakout scenario.
RSI Divergence: bullish RSI divergence supporting an upside breakout.
Flag Pattern: A bullish flag suggests a continuation toward new highs.
Trade Setup:
🟢 **Entry:** **$2.73 – $2.75** (On breakout with volume confirmation)
**Take Profit:** **$3.15** (measured move target)
A **break below $2.65** invalidates the setup.
*”Markets are never wrong, only opinions are.”* – Jesse Livermore
️ **Disclaimer:**
This is **not financial advice.** Always conduct your own research and manage risk accordingly. Trade at your own discretion.