DLI 60min chart update:
Support and resistance continues to be defined quite clearly on the chart below, because the fundamentals are so compelling the moment DLI goes up and approaches the red lines traders get really excited like moths to a flame.
When price isnt ready to break out through the red zones these traders then get wrong footed due to there time frames being so short term, which in turns leads to sellers temporally over whelming the buyers and we head back down towards the green zone.
The compelling fundamentals and a little bit of time and continued results like what we have been receiving is the antidote to all this and will eventually lead to higher red and green zones.
DLI Chart, page-84
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Last
21.0¢ |
Change
-0.010(4.55%) |
Mkt cap ! $149.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $236.4K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17499 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| DLI (ASX) Chart |