DNA 0.00% 3.7¢ donaco international limited

Set up for potential breakout above swing point high 0.53. If it...

  1. 408 Posts.
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    Set up for potential breakout above swing point high 0.53.
    If it does breakout this could potentially start the next leg-up but no guarantees.
    I am very bullish given the shallow retracement but you never know with this stock - it can be unpredictable.

    I personally will be buying the breakout with a stop below the swing point low 0.50 and then hope for the best. If the next leg-up is similar in length to the previous then the reward to risk ratio is quite high.

    Daily Bar Chart
    DNA Daily Breakout Potential 2017-06-23.png

    Daily Bollinger Band Chart
    Bollinger band width has contracted to a low level which often happens before a breakout.
    DNA Bollinger Band Daily 2017-06-23.png
 
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Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $45.70M
Open High Low Value Volume
3.7¢ 3.7¢ 3.7¢ $12.45K 336.6K

Buyers (Bids)

No. Vol. Price($)
1 75000 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 15000 1
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Last trade - 15.43pm 29/04/2024 (20 minute delay) ?
Last
3.7¢
  Change
0.000 ( 5.71 %)
Open High Low Volume
3.7¢ 3.7¢ 3.7¢ 53386
Last updated 15.43pm 29/04/2024 ?
DNA (ASX) Chart
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