DNA 0.00% 3.2¢ donaco international limited

Chart - Breakout on Monthly Time Frame

  1. 408 Posts.
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    DNA has broken above previous monthly swing point high making a new 12 month high in the process (bullish).
    Daily uptrend is parabolic - I am guessing resistance will occur in the $0.580 - $0.625 region.
    If the daily uptrend completes in that price region I will be looking to enter on a correction to $0.500 or thereabouts with the expectation of another leg up.

    Monthly Bar Chart showing breakout:
    DNA Monthly 2017-05-05.png

    Monthly Bar Chart showing Trailing 12 month High
    DNA Monthly 12month High 2017-05-05.png

    Daily Chart showing Resistance Levels
    DNA Daily Resistance Levels 2017-05-05.png
 
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