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!
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I don’t recommend trading shares with a value of less than $0.10...
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Last
$2.77 |
Change
0.000(0.00%) |
Mkt cap ! $193.5M |
Open | High | Low | Value | Volume |
$2.74 | $2.78 | $2.62 | $52.50K | 19.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $2.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.78 | 708 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 2.570 |
1 | 40 | 2.560 |
2 | 18000 | 2.550 |
1 | 1181 | 2.520 |
3 | 11600 | 2.510 |
Price($) | Vol. | No. |
---|---|---|
2.780 | 708 | 1 |
2.800 | 4572 | 3 |
2.850 | 2755 | 2 |
2.900 | 20390 | 2 |
2.950 | 345 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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