Saw a bit of interest today in DTE so thought I would have a shot in the dark at charting it.
Summary:
In the long term a down trend from highs in the mid $1 range. In the short term it nicely tested previous resistance (now support) and had a bounce for the day. Looks like a lot of resistance volume to the left ~19c & 22c. However next stop after 22c looks like 28c, then .....
It should be noted that the weekly showed some late selling pressure but hopefully that's behind us.
Would always be appreciative of comments / others thoughts on what to look for in the turn....
up, test, up, test, up, up and away!
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