DFM Index Surges Past 2014 Peak, Eyes All-Time Summit
Naranj Capital Research Desk
Following a prolonged period of consolidation, the index has successfully breached its previous resistance level, paving the way for further gains.
A bullish Rounding Bottom Pattern has emerged on the monthly chart, underscoring a positive market outlook.
With the index currently trading at a significant 60% discount to its all-time high, it has demonstrated remarkable resilience and is poised to sustain its upward momentum.
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