Apology for the new Chart thread, I could find the previous one.
I am not an expert in charting, still a Newbie
Today's action is simply WOW, imo
Bullish view:
1. We just broke the $0.560 to $0.585 area of resistance.
2. Next area of resistance are $0.725 to $0.750, which are clearly had been retested at least 7x since Nov 2021.
Hopefully the 8th test try is a charm.
3. It is so amazing that a base of support are formed ($0.430 to $0.470 and $0.550 to $0.585) before moving
to the next leg of Uptrend.
4. Trading Volumes are beautiful.
5. There are a big chance of 50EMA (blue line) will cross over 200EMA (black line), which means Golden Cross.
Bearish view:
1. RSI is nearing/almost 80, Over bought.
2. There is a small gap between $0.525 and $0.530
3. With today's big green candle action, I would not be surprise if traders will do profit taking on Monday & Tuesday.
Goodluck to All,
And enjoy the weekend.
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DLI Chart
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $192.6M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.0¢ | $23.93K | 89.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27664 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 43036 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 49115 | 0.260 |
4 | 77809 | 0.255 |
18 | 313191 | 0.250 |
2 | 102244 | 0.245 |
1 | 25000 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 109200 | 3 |
0.280 | 7132 | 4 |
0.285 | 37486 | 2 |
0.290 | 18359 | 2 |
0.295 | 108758 | 4 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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DLI (ASX) Chart |