smart investor

There is a chartist take on DLS in the August issue of Smart Investor magazine. Just browsed and read it in the newsagent. Basically, the chartist believes that there is a possibility of a pullback to 10.5-11.5 cents range which represents a strong buying opportunity before its next upswing towards 25 cents with a potential towards 45 cents and possibly even higher. Yep, basically, this stock is poised to charge on and on!!! However, the chartist did state the risk is a drop below 9.5 cents which I personally believe will be minimal with the recent oil discovery.

Good luck to everyone who holds.

Cheers.