$DEXE (DeXe) – Parabolic Breakout, Taking Profits & Trailing Stop
I'm watching DEXE closely because it has surged +20.78% to $2.302, rocketing from a low of $1.892. The moving averages are in extreme bullish expansion with EMA5 at $2.445, EMA10 at $2.413, and EMA30 at $2.245. The 24h high is $2.632, and MACD is deeply positive. However, the price has dropped significantly from its peak and is currently below the EMA5. I am taking heavy partial profits here and holding the rest with a very tight stop-loss below the EMA10 ($2.41) to protect gains, as the wicks indicate high volatility.
I'm watching DEXE closely because it has surged +20.78% to $2.302, rocketing from a low of $1.892. The moving averages are in extreme bullish expansion with EMA5 at $2.445, EMA10 at $2.413, and EMA30 at $2.245. The 24h high is $2.632, and MACD is deeply positive. However, the price has dropped significantly from its peak and is currently below the EMA5. I am taking heavy partial profits here and holding the rest with a very tight stop-loss below the EMA10 ($2.41) to protect gains, as the wicks indicate high volatility.