buyer sentiment returning, page-5

Dull I think by now you know what my thoughts are on analysts, & especially when it concerns speculative stocks such as DYL.

Until we start seeing lower Lows, lower Highs, then I will remain cautiously Bullish towards DYL over the coming Days. Here's a rundown of the past 5 Trading Days.

** Date **** OPEN ** HIGH ** LOW ** CLOSE ** VOL **
15-02-2008....0.300.. 0.325.. 0.290.....0.325..... 2,428,731
14-02-2008....0.280.. 0.305.. 0.280.....0.305..... 3,938,527
13-02-2008....0.280.. 0.280.. 0.270.....0.275..... 982,181
12-02-2008....0.270.. 0.280.. 0.270.....0.270..... 382,514
11-02-2008....0.285.. 0.285.. 0.265.....0.270..... 1,486,930

Avg DYL Trading volume Volume: 2,174,191
As you can see Dull we are in an uptrend, Note past 2 days above Average Daily Volume over the past 21 Days, with Higher Highs/Higher Lows, plus volatility has actually been decreasing over the past 15 Days not increasing as Yahoo would like us to believe. I have posted a Bollinger chart of DYL, showing how volatility has been decreasing.

200 Trades took place on the 14th Feb at 3,938,527 Vol.
156 Trades took place on the 15th Feb ar 2,428,731 Vol



IN PRACTICE>>>>
Technical analysts use Bollinger bands to see how relatively high or low a stock is trading. When a stock gets close to the high or low band, an analyst will look for certain patterns, such as “double Bottoms” or "head and shoulders," which can indicate a stock is bottoming out or peaking. One is the double bottom, a classic bullish pattern. Another pattern to look for is called the "squeeze," where the Bollinger Bands contract and 'squeeze' the stock price.


Cheers Dull, & good luck shorting DYL on Monday, IMO: its only a matter of time before we see some major movement in DYLs share price sometimes stocks can buck Market trend EXT is one recent nice example going from 58 cents on Jan 22 to $1.48 on Feb 14 ... Up 155% in just 16 trading days :)
.
.
TSX Mining stock Indices closed Up approx 1% on Friday, with the Energy Sector Flat, so one would suggest our Energy & Resource Sectors should see slight gains Tomorrow.
.
Cheers from grant64 :)
P.S. just keep an eye on Pre-News Indicator **** And that is Increasing volume & be ready to pounce.
.
.