This is the first time DUB is closing above the upper downtrend line. This is also the first weekly candle that has been green with a higher high and a higher low with a solid green body. Chart wise there is hope for this turnaround in the SP to continue. The biggest issue technically is the gap at 1.185. The volume on the gap day was good but not so enormous that a gap fill is out of the question. There was also no news supporting the gap up. Its not like DUB hasn't had gaps on the daily before but this is one of the larger ones. Technically that's the only risk here, on all other technicals I think DUB will be a buy or strong buy
DUB Price at posting:
$1.38 Sentiment: Hold Disclosure: Held
