The downtrend portion of the pennant is 18 months long ,and as the progress towards commercialisation gains momentum in the next few months ,I can see a big break out of this pennant coming . Dyesol have alluded that they are in negotiations with a BIG potential partner ,and they seem confident of an outcome . The major oil companies are now taking a keen interest in DSC ,and it wonnt be long before there is mmovement in that direction .
GSL Price at posting:
92.0¢ Sentiment: Buy Disclosure: Held