It is important to remember that a head and shoulder pattern is only around a 50% probability of a trend reversal.
We saw the same pattern when it pushed just above $3, but couldn't hold. It then had a fake-out below the neckline before it went higher to $4.
We saw in the previous lockdown/s that when people are home more they spend more on homeware products, thus Dusk will likely see minimal impact with the current lockdown in greater Sydney only, and perhaps it is more probable that they will benefit from it as more people discover their online presence.
It is important to remember that a head and shoulder pattern is...
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Last
$1.10 |
Change
0.015(1.38%) |
Mkt cap ! $68.49M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.11 | $1.09 | $125.2K | 114.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22295 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 600 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DSK (ASX) Chart |