DTS 0.00% 23.0¢ dragontail systems limited

DTS has been a tough one to read. Currently stuck in a trading...

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    DTS has been a tough one to read. Currently stuck in a trading range 12c - 14c I've been watching it since early September 2018
    It's not a stock that can be heavily shorted but I have no idea who is manipulating these prices eek.png
    Clearly on the Chi X side you have the same people buying and selling to eachother. Look at the order sizes. Identical! what.png


    I am generally a short biased trader and I wouldn't mind taking some short but Heiken Ashi candles are turning green. I must respect it.
    Hard to know what's on their mind. Interesting that DMP Dominos Pizza looks like $100 is coming and DTS has a ton of their product in store

    https://hotcopper.com.au/data/attachments/2824/2824551-d9d567174f0bcd696453229b5c1a8951.jpg

    This below chart shows a longer term time frame (weekly) with prices pointing towards 15c - 16c or so. Like I said, a tough one to read, can go in either direction, so when in doubt stay out IMO.

    https://hotcopper.com.au/data/attachments/2824/2824570-e82193f8475efb75c518a49469ec57a3.jpg

    Last chart attached here is a daily, highlighting that back in mid November, prices of 12.5c was respected and held by a whale who took 20M+ shares followed by prices hitting that 16c level. As much as I want to short, I have no idea who the BUYER is therefore it's a risk. I will watch on the sidelines and wait for a setup. Buy side is stronger than the sell side but confused people (like me) do nothing! GLTAHz smile.png

    I am sure after waiting over 2 years there will be another opportunity. Hotcopper traders pumped this all on their own back in

    https://hotcopper.com.au/data/attachments/2824/2824626-b14bb9eef1e3f82bd39106dfa4245f32.jpg



 
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Currently unlisted public company.

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