200 MA was resistance in 2017/18/19 until it was broken in 2020, at which point the 200MA became support. For 2 years DYL consolidated into a wedge compressing onto the 200 week MA before a false break below followed by one last back test of the 200 week MA and then ran 100% in a few months.
From here I am sure there will be pullbacks and consolidation. But DYL has broken out of some huge downtrends, both on a 2 year time scale and a 15 year time scale, so I am feeling good about the long term prospects here.
If we do break and hold the $1.37 2 year highs, the next level I would be looking at would be $1.55 for a 30 year downtrend break.
200 MA was resistance in 2017/18/19 until it was broken in 2020,...
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Last
$1.57 |
Change
0.010(0.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.55 | $5.962M | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5423 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 50939 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
0.010 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.59 | $1.55 | 1362443 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DYL (ASX) Chart |