DYL deep yellow limited

Chart Thread - TA Only Please, page-8

  1. 4,881 Posts.
    lightbulb Created with Sketch. 565
    Previous DYL was a Daily Chart.

    I shall also attach Weekly & Monthly charts both having notes on it

    Weekly shows $1 never really holding at all
    Weekly shows Blow Off Tops are immediately followed by big sell downs cracking BELOW $1
    Weekly shows potential double topping at this level as a Red Week could be on the books

    https://hotcopper.com.au/data/attachments/5640/5640215-30be3c3878adaa4e28697166ddd1bc75.jpg

    Monthly Chart highlights the pattern with even LESS noise.

    1 to 2 months of consistent spiking, followed by a 3rd month either producing a NEW high followed by a SELLDOWN wicking candle in the 3rd month
    Seeing as though they've never tried to hold $1, it will be worth watching to see if they can catch some level of support in the 80c zone.

    This pattern has played out since 2014. I may be wrong on this thesis but I must go with the risk to reward based on these patterns aswell as price levels. I must respect this chart despite bullish calls for $5 top $10 .................. rolleyes.png With all that said, SENTIMENT is a SELL watching $1.20 to $1.16 short term

    https://hotcopper.com.au/data/attachments/5640/5640221-0ee9c7add8df34530c5b67ca12358f07.jpg

 
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(20min delay)
Last
$1.57
Change
-0.020(1.26%)
Mkt cap ! $1.527B
Open High Low Value Volume
$1.56 $1.58 $1.55 $4.715M 3.008M

Buyers (Bids)

No. Vol. Price($)
4 24376 $1.56
 

Sellers (Offers)

Price($) Vol. No.
$1.58 38375 3
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Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
DYL (ASX) Chart
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