Apology for the new Chart thread, I could find the previous one.
I am not an expert in charting, still a Newbie
Today's action is simply WOW, imo
Bullish view:
1. We just broke the $0.560 to $0.585 area of resistance.
2. Next area of resistance are $0.725 to $0.750, which are clearly had been retested at least 7x since Nov 2021.
Hopefully the 8th test try is a charm.
3. It is so amazing that a base of support are formed ($0.430 to $0.470 and $0.550 to $0.585) before moving
to the next leg of Uptrend.
4. Trading Volumes are beautiful.
5. There are a big chance of 50EMA (blue line) will cross over 200EMA (black line), which means Golden Cross.
Bearish view:
1. RSI is nearing/almost 80, Over bought.
2. There is a small gap between $0.525 and $0.530
3. With today's big green candle action, I would not be surprise if traders will do profit taking on Monday & Tuesday.
Goodluck to All,
And enjoy the weekend.
DLI Chart
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $238.9M |
Open | High | Low | Value | Volume |
33.0¢ | 34.5¢ | 33.0¢ | $339.8K | 1.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 69696 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 41000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 69696 | 0.335 |
2 | 48535 | 0.330 |
3 | 38852 | 0.325 |
2 | 37380 | 0.320 |
1 | 1700 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 41000 | 1 |
0.345 | 28345 | 4 |
0.350 | 230664 | 12 |
0.355 | 86000 | 2 |
0.360 | 107600 | 5 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
34.0¢ |
  |
Change
0.000 ( 1.49 %) |
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Open | High | Low | Volume | ||
33.0¢ | 34.0¢ | 33.0¢ | 218441 | ||
Last updated 15.59pm 17/05/2024 ? |
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DLI (ASX) Chart |