DXN 11.0% 8.6¢ dxn limited

DCF valuation $0.08, page-460

  1. 716 Posts.
    lightbulb Created with Sketch. 139
    Hourly chart below (my 2 cents, no pun intended):

    Volume continues to drop as the chart continues to shape and looking like a potential bull flag.

    MACD coiling/turning positive.
    Drop in stock price has coincided with a drop in volume, a big plus for a bull flag pattern.
    Supply clearly drying at these levels.
    Technically looking sound below! With RSI also at a healthy 46 (noting hourly chart).
    Market sentiment at a macro level appears lot less dire then yesterday! Dow Futures >400 + at the moment, however we know this can quickly change!

    Good luck all.

    https://hotcopper.com.au/data/attachments/2229/2229022-87078cfde7b601570fe1ed0f1aac60f8.jpg


 
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Last
8.6¢
Change
0.009(11.0%)
Mkt cap ! $15.97M
Open High Low Value Volume
7.5¢ 9.0¢ 7.5¢ $74.26K 890.6K

Buyers (Bids)

No. Vol. Price($)
2 50000 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 157640 1
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Last trade - 15.52pm 14/10/2024 (20 minute delay) ?
DXN (ASX) Chart
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