DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Investor Presentation , page-44

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    BW... I place a lot of weight on MA lines and when a shorter time period eg 20 day MA line is below longer period MAs eg 50 or 100, that's generally bearish in a downtrend



    When the 20 day MA crosses above the 50, then 100, that's a bullish indicator of a new uptrend... The good news for DLS is the blue line just turned back up in the direction of the pink one... Depending on risk appetite, this is the moment to BUY, or do so when it finally crosses if less risk averse. This helps me ignore one day or even week movements, just something that works for me.
 
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