Here 'tis dsb, on the 12 pm snapshot today. The thing to note in...

Here 'tis dsb, on the 12 pm snapshot today. The thing to note in this volatile market in the long trend is that the next level bottom is in. This has been a master class of accumulation centered on beat up negative sentiment that is irrelevant considering the current prospects and the execution of the management plan of increasing the resource base in my opinion. This is indicated by several confirmation factors as seen in the chart below. The key ones being price is above the 50 ema, rsi is above 50, MACD is up, the advance and decline line has bottomed, momentum shows an upward trend. The money flow index rose sharply. The three white soldier candles are an indicator of a future rising trend despite future fluctuations this early after a consolidation. I note that volume has paused for further accumulation and price is well above the mid point of the upper Donchian channel. I repeat, this stock has been a master class in accumulation by vested interests and general bagging. So in that sense I disagree with your view the name change was not necessary but agree you are entitled to express your view. The name change reflects the actual operations of the company and circumvents some of the strategic negative sentiment that has been the graveyard of people who were not discerning enough and got sucked in to be relieved of their shares. There was a fake out I saw with the alert fractal and the pressing of stops despite the initial parabolic rise. It was fake because price did not hit the next fib pullback level of 78%. Unfortunately the register is large enough for a few to play games with a longer view. Those that did not get out yet still bleat and still hold, should think about money management strategies and their trading style. For me it is the long term reward that comes from a large holding at a low base entry.