DCC 6.15% 6.1¢ digitalx limited

Current State of Play, page-10

  1. 191 Posts.
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    Just a bit of comparison of a few companies within the asx space... all their charts are closely identical..from what i can see, it does correlate with the movement of crypto.. and it starts from the Korea Ban incident and its getting hammered daily by news and scare tactics on cryptos by banks,govs and opinions from "Finance Ministers experts" from different countries, which the general public tends to follow..IMO the majority hype/sentiment has passed for now and is having a much need shaking of weak hands. it would be good to stabilize above 0.2 for DCC..but it will bounce back and create a second wave..honestly it all went up too high too fast, its just normal that it would retrace maybe 40-50% from the original lows to its massive gains... also mostly the general market has been really weak and mostly end on the red since the beginning of 2018. i have like 40stocks on my watchlist, combination of bluechip/spec and it usually ends like 80% of my watchlists ends in the red daily. yrtodate.png
    Last edited by S.Grundy: 02/02/18
 
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