I don’t recommend trading shares with a value of less than $0.10 because they tend to be illiquid. DSE is probably completing an Elliott Wave sub-wave 4 of a larger Wave 1. Price has been trading sideways in a flag pattern for 3 months and a break out of that pattern has an initial target of $0.09 and a subsequent target of $0.097 to $0.10, potentially $0.12 – depending on how price unfolds. Price has made a new weekly uptrend following the lows of March, however price broke below that valid uptrend line at the end of July and confirmed a new downtrend at the end of September. With price in a technical downtrend (but a valid downtrend line can’t be drawn), buying prior to price breaking out of the flag pattern by closing above $0.076 (ideally with a spike in volume) would be very high risk – despite the potential 18% to 55% price rise the chart hints at. One for the thrill seekers!
DSE chart, page-2
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $191.4M |
Open | High | Low | Value | Volume |
26.5¢ | 27.5¢ | 26.5¢ | $114.1K | 424.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80413 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 23912 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 53620 | 0.260 |
5 | 53602 | 0.255 |
12 | 177365 | 0.250 |
3 | 26412 | 0.245 |
1 | 10000 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 23912 | 2 |
0.280 | 14154 | 2 |
0.285 | 37500 | 1 |
0.290 | 17244 | 2 |
0.295 | 3393 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
27.5¢ |
  |
Change
0.010 ( 3.77 %) |
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Open | High | Low | Volume | ||
27.0¢ | 27.5¢ | 26.5¢ | 117672 | ||
Last updated 15.56pm 03/05/2024 ? |
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