IMO a retrace did happen already, the RSI hovered above 80 and was followed by HEAPS of selling activity on Friday. Even though we closed 8% higher than Thursday, their were plenty of shares bought at higher prices (>19c) that were followed by a rather vicious sell down. The current RSI of 73 is awesome: less than 80 means it's probably not crazily overbought, but >70 still indicates a pretty agressive uptrend and likley means DCC isn't showing any signs of bearish divergence. As long as this stock keeps bouncing between approx RSI 70-80, don't expect a downtrend to occur out of nowhere - you're gambling against the odds if you do.
TLDR: How's this for a vote of confidence! morningstar TA has been pretty spot on these past few weeks, 30c is our next target!
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Last
3.5¢ |
Change
-0.002(5.41%) |
Mkt cap ! $30.32M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.4¢ | $113.5K | 3.216M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 153045 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 84039 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10188 | 0.035 |
3 | 471577 | 0.034 |
10 | 179494 | 0.033 |
8 | 492406 | 0.032 |
4 | 75000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 40000 | 1 |
0.039 | 306435 | 2 |
0.041 | 372448 | 4 |
0.042 | 238119 | 1 |
0.043 | 203571 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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DCC (ASX) Chart |