DTE 0.00% 13.0¢ dart energy limited

dte, page-34

  1. 429 Posts.
    If you look at the chart over a 6 month period it looks like its at the bottom now.

    Since the low of 15.5 on 23/05 till now 19/06.

    Last sideways movement was like this was from 03/05.

    So from the 03/05 (32.5cps) down to 15.5cps on 25/05.
    That's quite a hit its 52.31% loss in only 48 days.

    I agree high volumes are churning something, a few big players perhaps fighting over some fair shares at waaay low market prices all based on sentiment.

    Last time RSI was higher than 50% was 27/02/12.
    Since 04/06/12 RSI has been trending up from 33.9% to 41.6% today.

    Can they smash this one down anymore? i loaded up at 17 a few weeks ago.

    As we are not in control we'll have to throw in a bit of hope with some charm coupled with lady luck.
 
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