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.
![]()
DLI Chart
-
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DLI (ASX) to my watchlist
|
|||||
Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.2M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.5¢ | $34.31K | 166.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 310197 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 71731 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 310197 | 0.205 |
29 | 472228 | 0.200 |
9 | 64870 | 0.195 |
12 | 181575 | 0.190 |
6 | 109449 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 71731 | 7 |
0.215 | 48677 | 2 |
0.220 | 94634 | 2 |
0.225 | 31050 | 3 |
0.230 | 252326 | 2 |
Last trade - 15.14pm 03/09/2024 (20 minute delay) ? |
Featured News
DLI (ASX) Chart |