DKN dkn financial group limited

The DKN chart has continued to uptrend following its break of...

  1. 111 Posts.
    The DKN chart has continued to uptrend following its break of the long term downtrend in September .

    The first resistance of 20c has been clearly broken and now forms the basis of a support line.

    The next resistance was at 22c and has been tested over the last few weeks 2 or 3 times which shows an accumulation phase and seems to have broken upward.

    This looks positive for a move to the next resistance point of 30c and a continuation of the upward chanel that has been formed since Nov 1.

    All this is came as a result of the company restructuring the board and management to the point that has seen the company make a first half profit,and see the options which expire shortly be totally underwritten guaranteeing the company a strong cash position to platform its growth from.












 
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Currently unlisted public company.

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