DVC dca group limited

re: chart Had a closer look at DVC's chart. The recent run to...

  1. 9,081 Posts.
    re: chart Had a closer look at DVC's chart. The recent run to $3.79 was maybe a bit too rapid and DVC needs some time to consolidate before its next advance.

    It could churn awhile around the $3.55 - $3.65 range.

    If DVC drops to below $3.20 on close (unlikely imo) then that $3.79 spike could represent a major top.

    My bet is for some healthy consolidation (& it could even retrace to the $3.40's) before an all out assault on the high of $3.79 ....

    Then it's "hello" to $4.00 +

    There is nothing to suggest in the technical picture to suggest that the uptrend is broken at this point in time.
 
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